We just sold a house, made a profit. Our shares are down about 8k Can I sell the shares and then rebuy them straight away and use the 8k loss to...
For someone who has made over $1m realised profits on shares (some held for over 1 year, some less), all held in family trust, generally what are...
There are many misconceptions with the so called ‘6 year rule’ for CGT (s1180145 ITAA97) and accountants get it wrong sometimes. In this thread...
Hi, Just seeking some advice on structure and what I should do for better tax outcomes etc. The place i'm in the process of buying is for an...
Hi All, I am planning on selling down managed funds to fund a property purchase (owner occupied). My portfolio started at $100K in 2017 and is...
We're setting up a family trust, we will only buy ETFs in this ABC Trust, no property to be held by this trust (as per Terry legal tip). All our...
Hi all, Is it possible to restructure landholdings without triggering a CGT event? The context is a large block of land (over 3 titles). 2...
Hi there, situation we bought a house in Brisbane June 2021 with existing tenants. Tenants have now vacated since 12th December and we are doing...
Italy updates special tax regime for HNWIs and inbound individuals I have tried to understand how an HNWI could benefit from this, especially...
If you are lodging a "Nil" trust tax return, what's the due date for you to lodge it yourself? Is it 31st October like for personal tax returns or...
hi all, Can a trust distribute property? Right now I have a family trust with my company acting as the corporate trustee. My company holds some...
It seems everyone (including tax professionals) are still quoting 30% as the company tax rate when a company eanring rent and or dividens will...
When buying a house can you claim tax on the b&p inspection and the fee you pay the solicitor? Any every other fee that goes into it? If i pay...
Hi Guys, I have a question which would be best illustrated by an example: Joe and Mary purchased a property in 2000 and have been living in the...
I am reading this article which is saying that for investment properties the amount of Depreciation is added to Capital Gains amount at time of...
Is it possible (by way of legal accounting treatment) to retain untaxed profits from developments in stock. I'll use simple numbers by way of...
Hi, Looking for some advice/tips/suggestions to reduce taxable income. And even some investment strategy thoughts. My partner and I have a few...
I'm in WA and bought a property using a discretionary family trust with myself as trustee and whole family as beneficiaries. I understand...
Hi all I live in Australia and have been in Brisbane for over 30 years. I have an overseas property(Land) that I inherited from my father (when...
Thought that would get you. The millionaires who want to pay more tax The chair of Paddy Pallins has done a reasonable job of structuring his...
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