44. Tax strategies we actually use (and would consider)

In this episode of the Aussie FIRE podcast, co-hosts Dave and Hayden delve into tax strategies for financial independence, sharing personal experiences and future considerations. They discuss debt recycling, negative gearing, and optimizing investment choices for tax benefits, emphasizing the importance of aligning tax strategies with overall financial goals rather than prioritizing tax reduction above all else. Hayden shares his perspective on paying taxes and his approach to minimizing unnecessary tax, while Dave highlights the tax efficiency of buy-and-hold investment strategies and the misconceptions surrounding taxes in retirement. They also touch on structuring investments, including the use of family trusts, and preview upcoming topics for the next episode, such as small deductions, novated leases, private health insurance, and the first home super saver scheme.