Hey guys, Been investigating this whole worldwide income/foreign income tax offset thing. Currently my understanding is: If I as an Australian...
Hi all, I have a general question regarding funding and developing through a discretionary trust. Assume I lend money to the trust to purchase a...
Hi all, I need to a new accountant, Melbourne based. Someone that could take the time and explain strategies in detail. This is an area that i...
Hi, I have a property construction project nearing finalisation. I demlished a house to build 4x townhouses. Im trying to understand (and...
Hi all. I know the question of turning a PPOR in to an investment has been asked alot but I was hoping for some specific advice mainly due to our...
Hey guys, I've just been going through old tax records etc and chucking anything that is no longer needed due to being past the required 5 year...
Hi all, A friend of mine did an unsecured loans to a property developer and getting paid an interest component. Questions that she have : 1....
Hi I work for a small legal firm and I am responsible for their trust reconciliations. I am fine with the general trust reconciliation but they...
There was some interesting discussion about Saasu in the MYOB Product Changes SUCK thread today, so it's kind of interesting the timing of this...
Hi I'm entering market as a micro developer. Looking to start anew with proper accounting setup. Is there any good property accountant in...
I have these friends who told me they don't have to pay tax on Airbnb on their principal home because their accountant told them it was classed as...
Hey all. Are there any tax and accounting implications for loans from an overseas company? Has anybody here been down this road? A friend of mine...
I read some US specific information about individuals renting the property to a company they own at a token amount, then their company renting at...
Hi Everyone, I have a question I am hoping I may get some help on (I've searched the forum but can't find an answer), .. I have a discretionary...
Hi guys, I've spoken to my accountant about this and trawled the forums but can't seem to find a concrete answer to my question. Here's my...
Can an accountant do his own tax returns for the trusts that he is a beneficiary to or does it require an independent accountant?
I was after some advice first my situation I had 2 loans for 2 IP's 1. $155k left owing 2. $230k left owing I could get a lower rate and...
Seeking any advice from lawyers or accountants. Hypothetically if a major accounnting firm paid you your refund twice do you need to give them a...
Hi All, I'm using saasu to track IP income and expenses. My tenant pays for water usage, and this shows up in the rental statement. I've been...
Uncle wants to subdivide his corner block PPOR into four lots and build four Torrens title townhouses. The big one would be sold and the other...
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