We debunk the myths and spill the vital facts on the many tax laws and tax rulings interacting with other non-tax related legislation all as affecting your home finances and why our unique and fresh approach to the ownership, use and control of your home, produces clear, robust and sustainable alternatives to mainstream professional thinking in regards to immediately building your wealth and improving your lifestyle:
- Easily & safely claim a good proportion of your main residence expenses as a tax deduction (mortgage, council & water rates, land tax, building insurance and depreciation), however with no capital gains tax (cgt), necessarily to be paid at sale.
- Dramatically cut traditional business expenses.
- Save thousands every year on your usual home property expenses.
- Build significant personal & business wealth.
- Live in a better home in a better area at the lowest possible cost.
- Take great comfort if you will that in August 2010, ATO Promoter Compliance received expert internal counsel and legal and technical advice amidst its “formal review” of our materials and our business, culminating in providing us a letter effectively stating we are not promoting illegal “tax exploitation schemes” and that despite this website having been extensively reviewed, it will continue to be be monitored to which we are pleased that the public interest is served ongoing.
- Legally engage the system to your advantage and grab your fair share with both hands.
AS INDIVIDUALS, WE ALL HAVE DIFFERENT HOPES, DREAMS, NEEDS, CHALLENGES, INCOME, WEALTH, EDUCATION, SKILLS, BACKGROUND AND UNIQUE OVERALL LIFE SITUATIONS DESPITE WHICH, IT’S PROBABLY FAIR TO SAY THAT IN THE APPROPRIATE CIRCUMSTANCES, ALMOST EVERYONE INCLUDING YOU, WOULD LOVE TO :
- Save money
- Save Tax
- Legally enjoy a tax free income
- Build serious wealth over any time frame
- Re-invent your home as a capital gains tax free, income producing asset
- Immediately enhance your lifestyle
- Boost or blow away superannuation to enhance your retirement
- Immediately enhance your lifestyle
- Immediately live in a nicer home in a better area (for less)
- Own your home sooner
- Immediately extend your home (for less)
- Help yourself as you help your kids to buy and run their first home (for less)
- Buy your first home with or without the first home owners grant and still beat it hands-down
- Convert business premises rent into fully deductible home mortgage payments
- Cut business costs
- Cut carbon emissions
- Own and run any home (for less)
- Take in a nicer view
- Assume more control
- Definitely be happier
… and just when you thought it couldn’t get any better:
- Deduct Your Home does everything above and more !!!
- Deduct Your Home changes and improves lives !!!
- Deduct Your Home opens hearts and minds by maximising your most cherished and valuable physical asset – your home !!!
- Deduct Your Home changes the way you look at your home, your work and your life !!!
- Deduct Your Home brings dreams to life !!!
- Deduct Your Home accommodates all investment philosophies, risk profiles and direct trading across all asset classes !!!
- Deduct Your Home is the ultimate procedural benchmark in personal & small business wealth creation & lifestyle enhancement !!!
By all means, ask around and do some research because we know that sooner or later, you’ll accept that “nothing else even remotely like this has ever existed before – anywhere – for a fact – period!”
Deduct Your Home has prepared comprehensive materials to suit people from all walks of life, to serve as a “DIY KIT” on how you can structure the ownership, use and control of your main residence property, by becoming a home-based business owner who can then run any business you like (and we don’t care what that is as long as it’s legal and no one gets hurt).
Do this to:
- Make some extra money or;
- To replace your current job or business or;
- To relocate your current business.
Do as you please as we’ll be staying the heck out of it!
As the business owner, you stand to save several if not tens of thousands of dollars every year, on typically unavoidable home related expenses such as:
- Mortgage Interest
- Council and Water Rates
- Building Insurance
- Building Depreciation
- And More!
Then as depending on your age and how well the economy fares in general over the long run, you could put hundreds of thousands if not more extra dollars into your pocket, over the course of the rest of your life and with NO capital gains tax to pay at sale!
This has been possible under the law for many years but the problem is that no one and we mean NO ONE has figured it out – UNTIL NOW THAT IS!
You need to take everything you think you know about this subject and toss it out the window because the conclusions you have drawn thus far have come from literally hundreds ofdisconnected pieces of complex information.
Can you imagine how virtually impossible it would seem, to do a complex jigsaw puzzle if you did NOT know what the end result was even supposed to look like. I guess that’s why there’s ALWAYS a picture on the box!
We’ve worked incredibly long and hard having invested in excess of 10,000 hours over several years now, to have identified literally hundreds of both isolated and common threads and bonds, across many, many Commonwealth Acts of Parliament and also of various state and local government laws and by-laws, not to mention having carefully studied and diligently applied our findings far more deeply than any other in respect of The ATO’s many and various Tax Determinations, Miscellaneous Tax Rulings, Private Rulings, Class Rulings, Product Rulings, GST Rulings and other public rulings over the years, along with negotiating a technical labyrinth of specific ATO tests and rules, to now be able to make the following declaration with 110% certainty and which is:
This is by far, the least expensive way ever known, to own and run your current or future home and that’s no matter where it is, what it is, how you bought or buy it, who you bought or buy it from, whether you paid or pay too much or bought or buy it cheap!
Claim your FREE 135 page E-Book packed full of information that you can put to use immediately.
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Over and above anything else you’ve ever heard of and WE STRESS THAT ONLY THROUGH US, can you now acquire PROVEN, DETAILED, KNOWLEDGE, presented in plain English on how to:
- Stop renting and buy your own home with an end result that’s much better than anything the First Home Owners Grant can deliver or;
- Stop leasing your business premises and instead put the money into your home mortgage without losing turnover or tax deductions and also saving you from paying those crazy double outgoings or;
- Pay off your home a lot sooner or;
- Get cracking on that building extension you really want (and for less – no matter the price) or;
- Upgrade into a new or just nicer home in a better area for superior capital appreciation and lifestyle (and for less – no matter the price) or;
- Help your kids or another loved one into a home of their own as you really help yourself in the process!
Hold on though because it’s about much more than just saving money and building wealth. Follow us and you’ll learn to treat your home as a hybrid business/investment and lifestyle asset that you can control to suit your changing life circumstances in a way never before envisaged to gain endless more OPTIONS, POWER, SAFETY and CONTROL than anything your legal, taxation and financial advisers even know is possible.
Make no mistake because with the right attitude, this can and should be your ticket to a much better life!
WITH SOME BASIC FOCUS, YOU CAN PROGRESS NEARLY ANY PASTIME OR PASSION INTO A HOME BUSINESS. OTHERWISE, WHY NOT TRY YOUR HAND AT SOMETHING NEW? REMEMBER IT’S YOUR CHOICE AND IF ANYONE BUGS YOU, TELL THEM TO SIGN UP HERE AND MIND THEIR OWN BUSINESS!
Now Please Ponder These:
1. All things being equal; would you change banks if yours wrote to inform that it alone was declaring say a 2.0 percent interest rate cut on your home loan for life?
Err, didn’t think so!
2. Are you even just a teeny bit happy having now learned that our “Procedures” lawfully allow any home business to be run such that the first say $20,000, $30,000 or even $100,000 or more of revenue is totally INCOME TAX FREE and without a damning capital gains tax issue at future sale of the home?
Err, thought so!
Think about it – if you worked a second job or started a business in your spare time to make some extra money, you’d expect to not only be taxed on it, but also to be possibly bumped up to a higher tax bracket right?
Well NOT if you STOP following accountants, tax lawyers and financial advisers who quite clearly STILL HAVE THEIR BLINKERS ON and instead FOLLOW US!
Only we can explain how you can now put thousands of extra tax free dollars in your pocket every year for the next umpteen years of your life if you want and let’s get real for a second … who wouldn’t want that?
It’s all good and it’s the simple honest truth!
We’re Different - in fact very different from all others who promote whatever form of wealth creation or wealth management it is that they’re into because instead of trying to convince you to invest into something you can’t actually enjoy such as a share portfolio, a managed fund, an investment property, a traditional business or even an agribusiness Managed Investment Scheme thingy, we show how you can now “invest” into your current or new home as a PART-BUSINESS PROPERTY whilst you still reap the day to day benefit of living there (try that with a self-managed super fund or office unit, factory, studio or workshop etc)!
The hell with tomorrow – you might not live that long but in case you do, this is also a great money making strategy to intelligently position your finances into the future!
Don’t forget your life starts every morning and ends every night in your own bed so friend, you know the old saying … “home is where the heart is” … well Follow Us to be definitely using your head as well!
A Few Formalities if We May: Over many months throughout 2009 into 2010, we consulted extensively with The Federal Treasurer, The Hon Wayne Swan MP (now also The Deputy PM), Treasury itself and the upper echelon of The ATO. We requested The Treasurer liaise with The Solicitor General, Treasury and The Federal Commissioner of Taxation on the legality and robustness of our proposal and to kindly revert (in the national interest). Subsequently, The Office Of The Treasurer wrote to formally advise us that after discussions with The Commissioner of Taxation, that The Commissioner said that that we could obtain The Government’s assurances for our future clients in relation to our home business proposal, by facilitating clients’ own ATO private binding ruling (PBR) in relation thereto. As you may know, a PBR is the ultimate in taxpayer protection as it is personally addressed to the taxpayer from the ATO and is based on the taxpayer’s own circumstances and whilst the taxpayer may or may not choose to rely on it, The Commissioner is bound by it!
It’s important you know we’d previously provided the bulk of the technical information that would relate to any of our “Procedures” to The ATO, given that all our “Procedures” are born of the intellectual property we created as based upon our own position and as firmly understood and accepted by The ATO via our own very strong and favourable PBR’s. We think given the fact of The Government’s knowledge of how we’re the ONLY entity that knows how to help you to get one of these precisely in your favour is very cool!
So if you’re starting to like the sound of this then FOLLOW US to quickly get the most out of Australia’s financial, business and taxation systems and know that we’ve gone to extraordinary lengths to ensure it’s all perfectly legal and that it works.
It’s easy to get started once you know the ropes AND you can do it basically FOREVER if you want PLUS you can teach the concept to your kids so the benefits stay in the family for good!
As for the skeptics out there, ppff – we’re not bothered! We know what we’re doing and they’re so far behind we’re not going to waste any more time even talking about it as we’ve invested several years into this launch to be consequently very confident about changing the way a great many Australians will choose to own and run their homes.
The way we see it, as of right now and looking forward, there are already clearly two types of home-owners; those who’ll power ahead and those who’ll lag behind.
Make your choice and live with it!
Follow Us – We’ve Connected The Dots!
Hello, my name is Frank Genovesi, Deduct Your Home’s Founding Executive Director and my core background is 12 years in financial planning with some related experience in originating mortgage loan finance for my financial planning client’s investment needs as well as a swag of buying and selling properties for myself and my company and also as a WA licensed real estate agent’s selling rep and as a WA licensed property buyers agent’s rep. I’ve also dealt for many years with giant Australian and global corporates, beaurocracy, administrators, red tape, lawyers and the law!
From all this, I’ve come to realise that many things to do with buying and selling property are done somewhat in a vacuum as there is no single licensing regime to ensure best practice across the board so the end result is hardly what you’d call a coordinated, stunning success. In my experience, there’s a great lack of vision and subsequent consideration for the average person’s “bigger picture” and that almost always causes unnecessary loss of sleep, security, money and or non-cash financial and lifestyle benefits!
The point in saying any of this is because back in 2002, I sold a financial planning business I’d run for nearly a decade, took the multiple six figure sum and used it to buy a nice house for my family and that pathway morphed into “Deduct Your Home”. It’s much too long a story to get into now albeit for you to know the bottom line is that I couldn’t find a living soul (accountant, lawyer or any form of financial industry person), who could properly advise me or refer me to others to get the results I’ve been getting for years now from what I figured out for myself back then and have almost constantly continued to refine to this day. Now in 2010, I see that nothing has changed and I assure you that’s not for lack of trying as I’m constantly on the lookout for any competitors to what I’ve developed however there just are none.
So please forgive me if it sounds like my enormous head is up my rear end but I fathom the truth to be that I do know considerably more about what I’ve devoted the bulk of my professional life to since 2002 than anyone else working in the private or public sector including the Federal Government and The ATO as to this day, there is still nothing even remotely similar to be found anywhere except here at “Deduct Your Home“ and there is no credible argument to discount or refute any of my company’s internally developed materials (i.e. our “Intellectual Property”).
In making this bold statement, I guess that means either I’m grossly egotistical and or deluded (and possibly headed for a nasty crash-landing) or in the alternative; it could just be that I’ve created what is clearly the most flexible and advantaged, entrepreneur’s small-business platform since the advent of the investor’s Self Managed Superannuation Fund (and as also used to hold the ownership interest in many a small business premises) and which is essentially akin to a new major asset sub-class (i.e.INFUSED RESIDENTIAL/COMMERCIAL PROPERTY – A NEW ASSET SUB-CLASS?) as opposed to traditional “mixed use, residential-commercial” and or typical “home-business” properties.
Deduct Your Home has compiled years worth of detailed studies, testing and legal and other “Authorities” in full support of ALL IT’S CLAIMS so it’s now up to you to to either accept this in good faith or draw alternative conclusions as based on your own comprehensive research and development but we warn you up-front that firstly, you ‘ll find precious little worth reading on the subject in terms of enlightening you beyond the common uninformed viewpoint and secondly, proven results, conservative modelling and indisputable facts are what matters (and we have each of these in spades). We ultimately advise you stay well clear of fear-mongering, rabid speculation and reckless hearsay!
From the blog post regarding the “Formal Review” by the ATO (as to whether or not we are promoting an illegal tax exploitation scheme), it is encumbent of us to both excercise our own patience and to advise our customers to do likewise in that we as a corporate citizen of good conscience, clearly cannot and will not, make our “Procedures” available for purchase until such time as the process is complete and we have been advised that no further action is required to be taken.
In the meantime, please click the orange and silver square RSS icon (very top right of this page otherwise as just below at the footer), to subscribe to our RSS feed and thus stay up-to-date with the blog posts and please do read those from past months by looking back through the calendar or by clicking on the BOLD TITLES right near the beginning of each post. Also please don’t hesitate to leave your comments whereupon I look forward to reading them and answering as many as possible and to facilitating a strong and vibrant community of cutting-egde, home based entrepreneurs!
Claim your FREE 135 page E-Book packed full of information that you can put to use immediately!
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Follow Us – We’ve Connected The Dots!
