Hello I've read this forum for ages and have learnt a lot. Thank you! I have a PPoR and an IP. I owe money against both. A while ago, I...
Im trying to understand how or if collectables are taxed. The ato website had very limited info so thought i'd ask here. Ive been collecting...
Hi guys, we bought a property as a couple (PPOR), so both names are on the deed and on the loan. I am wondering, for tax purposes, is the split...
Hi, has anyone worked out what is the better strategy regarding type of loans and how a lender and ATO will look at things? I have a PPOR with...
I know that a Depreciation Report is worth its salt. However, is it worth it for every type of development? I have a friend who just purchased a...
Just wanted to ask a question as I was reviewing my tax return this year. For 2 of my properties I pay for the tenants water usage and then get...
When the new tax scale changes occur will lenders immediately adjust servicing calcs? And if so I’m sure some of you have already modeled it...
As a dual citizen who runs an airbnb service is it possible to select to pay tax in the jurisdiction that offers the best tax incentives? If...
Hi All, I've question on structuring of development to plan for taxes. We own property 50-50 held by me and my spouse. We wish to demolish the...
If I wanted to rent out my house, but the agent recommends certain things being done before renting it (cleaning, pest control, smoke alarm...
Here is an easy one for tax accountants. If I have a joint trading account in commsec does that mean all profits made in that account are split...
Hi all, Looking for some advice on what makes a good tax agent? I am based in Ashfield, Sydney. I own shares, do some share trading and own an...
Just wondering if there are any crypto tax experts or crypto enthusiast accountants here? Space moves crazy fast so thought it would be a good...
Hi all, When an IP loan is being refinanced, and there is a slight surplus due to a small buffer being added in to the amounts i.e a few k, what...
Hello Brains trust, Looking for recommendations for an Adelaide based accountant to complete tax returns. Knowledge of property and tax...
Hi all, I have a completely hypothetical situation that I would be keen to get some thoughts on. Parent owns (in personal name) and wants sell 2...
Here's the scenario Have equity in an IP Create offset account using the equity Use the equity to buy dividend paying shares. The interest is tax...
Just bought my first new IP, and the tenants revealed the washing machine has had a leaking problem, so I planned to buy and replace it with a new...
Situation: Currently don’t have private health insurance as didn’t have taxable income over 90k FY 19/20, 30 years old and turning 31 in May 2021...
An apartment I have in a high-rise required some fire remediation. This was not cladding. It was properly insulating the wiring holes between all...
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