In this conversation, Vishal Sharma, a senior advisor with over 20 years in government and a decade at Revenue NSW, dives into the often-overlooked world of land tax. He highlights the hidden costs that can disrupt your financial plans and explains land tax traps in trusts and complexities for foreign owners. Listeners will learn how to dispute land tax assessments and uncover surprising exemptions that many miss. With insights on first home buyer assistance and financial stability strategies, this discussion is a must for any property investor.
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insights INSIGHT
Land Tax is a Hidden Trap
Land tax is a hidden cost that often surprises property investors.
It is rarely discussed openly within the property industry, making awareness low.
question_answer ANECDOTE
Migrant Roots Shaped Money Values
Vishal's migrant family background taught him early respect and value for money.
His parents' hard work and eventual property ownership inspired his approach to wealth.
volunteer_activism ADVICE
Raise Awareness Proactively
Educate industry professionals first to improve awareness of land tax.
Use community events, webinars, and podcasts to spread knowledge directly to buyers and investors.
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Let’s be honest... no one gets excited about land tax or transfer duty. 🫣
But these are the hidden costs that can devastatingly derail your well-planned financial freedom, especially if you don’t know what structures you’re buying in, or how the rules change across different states.
That’s why we’ve brought in Vishal Sharma!
With over 20 years of experience across all levels of government, and more than a decade at Revenue NSW, he specialises in land tax, bringing deep expertise across the full spectrum of taxes and grants administered by the department.
From land tax traps in trusts and companies, to foreign owner surcharges, first home buyer support, and the surprising exemptions most people miss, we’re covering the essentials of land tax in 2025.
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