The laws relating to land tax have recently changed in NSW. One of the changes related to the Principal Place of Residence or PPOR exemption....
Legal Tip 440: Demolition of a House that is Mortgaged Where someone borrows money that is secured by a mortgage over land, they will usually be...
Tax Tip 580: Losing a Property in a Poker Game A 100,000 acre property was allegedly once lost in a poker game Was this vast outback sheep...
Should gains on the main residence be taxed when they are over a certain amount? There is a news report of someone buying a water front property...
For some reason some owners of property end up as guarantors for the loan rather than actual borrowers. See a recent poster with this structure....
There is a 'religion' known as the Exclusive Brethren whose leader and his family are very wealthy property investors in Sydney. Check out this...
In the old days someone expecting to go bankrupt would separate from their spouse and transfer to that spouse all or most of their assets on the...
As you might have heard, land tax rates in Victoria have increased (again). The general tax of land tax for companies and individuals not acting...
An article has appeared in the news about 1/4 of properties being purchased with cash - which means without loans. The author bases this on the...
I had someone contact me yesterday about wanting to sue a buyers agent. Not my area so I can't help, but was surprised how this all come about....
Tax Tip 577: How to Earn $90,000 pa and pay just 4.8% tax From July 2024 a resident individual taxpayer will be able to earn up to $45,000 and...
Legal Tip 438: Should Super Death Benefits Pass to the Estate as a Default? When a super member dies their superannuation death benefits (what...
Setting up a discretionary trust is usually done by deed or by will. It is a serious endeavour as the trust can hold valuable assets and it can...
This one is not generally known to most tax advisors. I learned about it from @Mike A A minor with a disability can potentially receive income...
Legal Tip 436: A Stamp Duty Trap with Electronically Signed Trust Deeds It is now possible to have deeds signed electronically. But my advice to...
If a person is able to transfer a property to a special disability trust or SDT, the capital gain or capital loss on the disposal of the asset is...
I know a lot of people don’t like investing in property and they prefer to invest into shares instead. There are a number of reasons for this...
Tax Tip 574: Are donations Received by ‘influencers’ Taxable Income? Many ‘influencers’ out there these days making money from various things...
“The whole business thing is predicated a lot on the tax laws,” Keith Richards told Fortune. “It’s why we rehearse in Canada and not in the U.S. A...
Tax Tip 573: Can Trust B distribute to Trust B to soak up a loss It is a possibility. One Trust can distribute income to another trust. The...
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