Hi All, I'm looking at buying a commercial investment property and am looking into the pros/cons of a discretionary trust. More specifically;...
Hi all, Wondering, if I purchased a rental property in Melbourne under trust 1 then purchased a second property in Melbourne under trust 2, would...
Hi all, How is Land Tax handled for accounting and tax purposes? As an example, suppose I own 8 properties, and I have a land tax bill from ATO...
To anyone who has a few properties and hasn't seen a land tax bill, give the revenue office a call to check that your accounts are in order and...
Hi, For all you smart people out there, I'm struggling to get my head around the secondary assessment for land tax. My wife and I have a PPOR...
Hello everyone! I am new to property investment, we purchased our first IP two years ago. We are in our late 30's and planning to have a decent...
Hi Everyone! Pleased to have my first post here! We have an IP in QLD under family trust (me and husband) name which has land value of $600k,...
Hi All, I have a comm. property owned by my SMSF in the name of a bare trust. I'm considering buying another property in my SMSF with cash, so...
Hi has anyone received the latest tax bills, looks like the land value in 2021 has gone up as I would have thought it’s going down given the covid...
Friend is looking at renting part of their PPOR, probably airbnb or other short term but also possible longer term. As this is a PPOR how will it...
Call me crazy but we are moving overseas in the middle of a pandemic.... Im compiling a list of things to discuss with our accountant, have I...
I am trying to ascertain the tax bill with my 2 siblings. Land tax for property owned as tic is $7300. Property is PPOR for A. B has no other...
Do u think our land tax bills will go down this yr or up, as markets seems hot lately n I not sure how it will impact the land value, if it’s up...
I was discussing with my accountant the best way to structure the next splitter project in Brisbane and he suggested we consider purchasing it in...
I have a bare block of land I assume a bare block is one that can have plantings on it but no house or shed. Regarding land tax, would this have...
Hi, I have 2 houses on same block under 1 Title. I live in 1 house and my parents live in the other house. My parents owned the house I live in,...
Hi My scenario - I currently own a home (House1) and also own an investment property (House2) which I have been leasing out for nearly 2 years....
Beware when purchasing property in NSW as some sellers will place a condition in the contract that has the buyer agreeing to the apportionment of...
I often am asked by people if they could have their home owned in part or full by a trust or company. The ones who ask about part ownership may be...
Hello all. Seems that someone somewhere didn’t register a property I purchased for land tax. So have record a 4 year backdated tax. Breathe. What...
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