Appreciate any comments regarding salary packaging of selling and purchasing costs as a result of relocating for employment.
Sold IP but not sure how to effectively pay out the loan and optimise debt recycling. I sold IP 1. Original purchase price was $250k I borrowed...
Hi, I recently did something very silly in stock trading and now not sure if I report my trading or not for tax purpose... Any opinion or...
Hi everyone I am new to property investment. I am contemplating the purchase of a block of units. My plans is to live in one and rent the others....
I received a letter from ATO that says "You have entered the PAYG instalments system". "Helping you avoid a tax bill at the end of the year" I...
If: - A and B are related parties; - A owns house that B rents from A at a reduced rate - rental income is however positive geared for A as there...
Good afternoon all, I am new to the property investment and need your advice on whether I should apply 6 year absent rule to my old PPOR. I...
Hi all, am after a bit of insight please. We our currently travelling and looking at relocating to Qld where we will trial the area first by...
Hi all I’m currently looking to purchase a property/apartment. There are two special levies scheduled for it in 2022 and 2023. The one in 2022 is...
Good Morning All, Firstly thank you to this group for all the informative information available. I am finding myself a little overwhelmed with...
Hello everyone, Long time lurker and first time poster here :) I have a question regarding the below scenario from a tax POV: My parents have...
Hi All, Just catched up with my friend who was purchasing their first property with an IP loan (as the place was currently tenanted - they...
Paying a fee in relation to · Managing your tax affairs, or · Complying with a commonwealth lodge obligation relating to tax...
I have the following scenario - Bought IP in 2021 with a 105% loan using equity in PPOR. Prices have risen substantially since then and have...
While I have an accountant for personal income tax, they are not always the quickest to get a hold of and possibly I need more tailored advice for...
Hi I am new to this forum, although my partner (Propagate) was an active member for a number of years. My partner died suddenly (only aged 46)...
Hi all, Long-time lurker here and aspiring student of Terry's tax tips. I purchased a A$1m property in Sydney last year, financed via the...
I Intend on selling an IP which I purchased more than 13 months ago, it is in a market which has seen decent capital growth and selling will...
Hi All, Long time lurker and finally a member. Please to meet everyone's acquaintance. I am looking for potential methods to save tax given my...
Hi, I have two PROPs, both properties are owner occupied and never been rented out. Now I'm selling the first one, I would appreciate any advice...
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