Hi, First time property investor. I need to know if it’s important for me to hire a depreciator or would the accountant know what to depreciate ?...
In GSTR 2003/3 90. Subsection 40-75(2) requires that for the period of at least 5 years the premises have been used only for making input taxed...
Alex built 3 brand new units with the intention to rent them out for 6 years (then maybe sell them). He wants his sister Lisa to stay in one of...
Lisa bought a property will her brother Tom in 2017 - tenants in common 50% each. They left the property vacant from purchase until 2018 when the...
Hi, I've got a few questions in relation to the above topics. I moved into my current house (newly built) in Dec 2019 and am planning to move out...
If people are considered to be 'in the business of letting rental properties' as far as the ATO is concerned, do other business rules apply, such...
I know that a Depreciation Report is worth its salt. However, is it worth it for every type of development? I have a friend who just purchased a...
Hi All, I'm looking for advice on finding an accountant. I have just recently set up a company in anticipation of my first development site. I'm...
Just wondering if there are any crypto tax experts or crypto enthusiast accountants here? Space moves crazy fast so thought it would be a good...
I run a labour hire business and naturally we do a lot of BAS and other types of accounting around tax and cashflow. I also do some property...
Hi all, Looking for a second opinion compared to my advisors. We have 2 family trusts both with 2 separate Pty Ltd's as Trustee for, neither are...
Hi all, Trying to get clarity around renovations / improvements and their tax depreciation potential, I seem to be getting conflicting...
Looking for recommendations for accounting and payroll for a small start-up in Sydney CBD (I guess the company or person doesn't need to be in...
Hello All, I'm trying to understand how a partnership structure works for a development, compared to a trust structure which I am more familiar...
Hi guys, I've been looking to link up with a quality accountant for the last few months, I've been to 2-3 initial consults with a few and I've...
Hi Team I have an interesting situation that I hope someone else has come across to provide some insight. Problem I'm involved in a JV in which...
Hi guys. I've been reading around on and off for the past few years and I am stuck on something. Any advice would be appreciated. Situation: I...
Hi All, I'm 35 years old, am a Chartered Accountant and work as a Senior Finance Analyst for a large global organisation. I have been an...
Hey all, Another quick, & granted simple, query: when one gets their end of financial year (EOFY) statements from their property managers, if one...
I have a portfolio of 6 investment properties (4 of them have granny flats) having total of 10 tenancies managed by 3 separate rental agencies....
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