You might find it allows a tenant to terminate within a certain time, but if they don’t they might be locked into the lease.
check out the Retail Leases Act Vic
what sort of lease?
based on those figures you might struggle to borrow enough.
In that case its the trustee that should be borrowing
3 separate properties yes
Yes - indirectly you can't use equity. all you can do is to borrow against a property with equity. if you were able to borrow say 10% of a...
but keep in mind that with super you will need to start withdrawing ever increasing amounts each year - 4% pa going up to 15% at 90 years of age...
Why assume? As trustee you have a duty to know this sort of thing. Are there balance sheets and profit and loss statements prepared?
I don't see any reason to think that would impact deductibility of interest
Tax Tip 472: When do you pay CGT if Settlement of a Sale is in a Future Tax Year? Tax Tip 472: When do you pay CGT if Settlement of a Sale is in a...
Tax Tip 339: CGT before Title Passes? Tax Tip 339: CGT before Title Passes?
I have had a few clients who have sold multiple properties just to buy the dream main residence. CGT is painful but at most it would be less than...
Who will own the new house?
Councils explore cutting red tape for tiny homes with big planning requirements
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