I come from property development and trade quite often. Some deals have gone bad and we ended up in Supreme Court with Silks. due to past audits,...
Is that not allowed? They’re two seperate entities (although related) with a common trustee.
I don’t know what you mean by that? All parties are located in NSW
I have. Apart from the usual risks of giving a minor assets the family solicitor couldn't really shed anymore light. He just advised to get...
Negative gearing - there will be non. The property will be neutral (not positive and not negative) via the adjustment of the interest rate by the...
Yes I understand the risks associated with asset protection. One way of minimising it is by having a mortgagee on the property from the seperate...
Could you please elaborate? What are some of the risks?
Dear All, I am a high wealth individual. I have PPOR 6mil. I have 5 investment properties under my personal name (12mil value) , wife has...
Its great you can carry forward tax losses to offest future taxable incomes. What about carrying it back? i.e. if in FY23, I had a personal...
hi Paul, So in the above example is the tax losses against the capital gain Before or After the discount? Ie, say if accumulated tax losses is...
As a family, all the assets would be handed down to the kids anyway. So what we are trying to do is to minimise the landtax buy purchasing new...
Terry, whats the best way to purchase the property. Bare trust (parents own name), childs own name or a fixed trust? Keeping in mind the main...
Hi Team, I have to say that land values and consequently landtax in NSW has gone up signficantly. I am trying to come up with a structure that...
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