Get Invested: Part 2 - Tyron Hyde on how to make property investing more affordable

A key way to make property investment more affordable is to tap into the power of depreciation, says Tyron Hyde. 

Are you worried about how you can continue to afford to hold on to your investment property given the continuous increasing cost of just about everything?

The one thing that makes or breaks the sustainability of an investor's journey is cashflow affordability. 

Affordability is the one thing you really need to consider, manage and control if you’re serious about lasting the distance over the years to enjoy the fruit of capital growth.

And one of the best ways to help you achieve that is tax depreciation. 

This is a tax deduction claimed for the natural wear and tear of an income-producing building asset over time, and it’s generally the second biggest tax deduction for property investors, after loan interest.

Its essentially a tax free kick – you get to claim a cost that you haven’t actually paid against your taxable income. 

So how do you make the most of it? Tyron Hyde is back to explain.

As you know from last week's episode, Ty is the CEO of one of Australia’s oldest and most well-known quantity surveying firms, Washington Brown, and is also a successful investor, author and podcast host.

Enjoy the episode!

Next steps

Connect with Tyron https://www.washingtonbrown.com.au and if you want to talk about your property cashflow challenges book a personal solutions session with me.

Subscribe to Property Hub for free now on your favourite podcast player.

Take the next step - connect, engage and get more insights with the Property Hub community at linktr.ee/propertyhubau

• Book a personal solutions session with Bushy to go deeper on your specific property needs or challenges
• Continue the discussion with likeminded investors and experts on The Property Hub Collective Facebook group
• Get a copy of Bushy's book, Get Invested, for FREE, and find out what it takes for you to invest in living more, working less

Get all Property Hub info here linktr.ee/propertyhubau

About Get Invested, a Property Hub show

Get Invested is the leading weekly podcast for Australians who want to learn how to unlock their full ‘self, health and wealth’ potential.

Hosted by Bushy Martin, an award winning property investor, founder, author and media commentator who is recognised as one of Australia’s most trusted experts in property, investment and lifestyle, Get Invested reveals the secrets of the high performers who invest for success in every aspect of their lives and the world around them.

Get Invested is part of the Property Hub podcast channel, your home for property investment insights, inspiration and stories from Australia’s top property experts, investors, leaders and analysts. Subscribe now on Apple Podcasts, Spotify and YouTube to get every Get Invested episode each week for free, and also get full access to RealtyTalk, Australia’s top online property show for red hot property investing news and insights direct from property industry leaders and influencers.

Property Hub is a collaboration between Bushy Martin from KnowHow Property, Kevin Turner from Realty, show producer Andrew Montesi from Apiro Marketing and Apiro Media, and Australia’s largest independent podcast networkDM Media. 

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