I was talking to someone at work re: sharemarkets and investment from US. What he said he would do is invest on a property or stocks, take a loan...
Hi All, I've been trying to find resources about this online but everywhere says something different so I was hoping you'd be able to help. I...
Good morning, I have possibly an unusual question. I have an investment property solely in my name as well as several held 50/50 with my partner...
We, brother and sister team, are planning to buy a small property for our parents purely from our own funds as a gift for them to enjoy their...
Hello All, Got few questions, please? Once over the age of 65 can one draw equity from an SMSF property? ( no debt owing) If looking to...
I’m seeking tax minimisation advice for a property I purchased 3.5 years ago for $925,000 and recently sold for $2,050,000. It has been rented for...
I had an IP which start renting from 20 June 2020, I only have 10 days rental income for the year 2019-2020, considering the mortgage interest,...
Junior was 18 at 30/6/21 - but has no income and no expenses - does she need to lodge tax return? She does have a TFN
Hi all, checking for pitfalls and trying to anticipate problems. 1. I have a loan for 400k on a beach house that is currently rented (currently...
Hi , I’ve recently purchased a house for a PPR. We are currently living in a family home and want to rent the new purchase out for around 12 -18...
I have to spend a few thousand dollars to cut and remove a termite damaged tree in an investment property. Can I claim that expense in the tax...
Hi first-time poster and long-time lurker, I am planning to knock down and rebuild a duplex in the Parramatta council. I have purchased the...
I'm hoping someone could please provide me some advice on how the margin scheme may be applied in the following EXAMPLE (example used for...
Do i have to report property ownership change in my tax return I buy out my ex -to live in my(our old home-main residence) home-financial consent...
After have a couple of children my wife is returning to more hours at work which means higher family taxable income of course which will impact...
Hello, I am in the process of completing tax return for FY 20/21. During the year we purchased an older IP and I had an assessment done for the...
I have a friend who started building what would be a PPOR with his partner. Long story short is that during the building phase the relationship...
I am looking to purchase a house and start subdivision process immediately. Should I purchase the property under an ABN and manage the finance in...
I have a tax question related to investment loan. I got really confused and yes, I will be talking to tax accountant, but just wanted to get some...
We bought an investment unit in NSW in 2015 and rented it out for 2 years, we then moved into the unit in 2017 when we sold our house [ the house...
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