Ripper Wealth

Foundations

Before you invest, get your house in order. Set goals, track cash flow, and build emergency reserves.

What To Own

Understanding asset classes and their roles in a balanced portfolio.

Why It Works

Historical context, wealth cycles, and the economic principles that drive markets.

AI-Powered Education

Cycle-aware tools backed by institutional-grade research

How To Execute

Profile-specific strategies. Content varies based on your persona (PAYG, Business Owner, Property/Crypto/Stock Investor, etc.).

When To Adjust

Timing and signals. Know when to buy, sell, or hold based on market cycles.

More

Learn about us, get help, share feedback.

TAX ESSENTIALS FOR PROPERTY • STEP 2 OF 4

See It: Lisa's Investment Journey

The best investment on Earth is earth.

— Louis Glickman

Follow Lisa's 10-year property journey and see how tax decisions impact wealth building.

Your Learning Journey

GET READY

SEE IT

TRY IT

CHECK IT

This Step Takes: 20 minutes

Follow Lisa's property investment journey and see the impact of depreciation and timing decisions.

What You'll Learn

See exactly how much depreciation matters and why holding period impacts your final wealth.

Story ProgressYear 2015
👨‍🔧

2015

Meet Dave, a plumber earning $80k/year as a sole trader. He's ready to grow his business.

Dave gets an offer for a big commercial contract worth $200k/year. How should he structure?

Key Insights

Depreciation Is Gold

$750 depreciation schedule saves $3-10k/year in tax. Over 10 years, that's $30-100k in savings. Always get one for investment properties.

Time In Market

Property wealth comes from holding 7-10+ years. Short holds (3-5 years) barely cover costs. Long holds let capital growth compound massively.

Track Everything

Every receipt matters: rates, insurance, repairs, agent fees, accountant fees. These reduce your taxable rental income every single year.

Tax-101 for Property - See It: Complete

  • Depreciation schedule ($750) saves $3-10k/year in tax—it's the best $750 you'll spend
  • Holding property 10+ years vs 5 years can double your net wealth from capital growth compounding
  • 50% CGT discount after 12 months can save $20-40k+ in tax when you eventually sell

Homework

Reflect

If you own or are buying investment property, have you budgeted for a depreciation schedule? Are you tracking all deductible expenses?

Action

Create a property expense tracker (spreadsheet or app) and log every expense from today forward. Come tax time, you'll have everything ready.

What's Next?

20 minutes