Tax Tip 565: CGT Demolish the Main Residence Build a Duplex and later sell without moving in Main residence exemption cannot apply if you...
Tax Tip 565: Strategy-Live in Every Property you Buy initially If you live in a property and establish it as your main residence then you could...
Tax Tip 564: Using Unused Concessional Super Contributions to Reduce CGT This strategy needs advice from a financial advisor and tax advisor....
Tax Tip 563: Substitution of Security and Deductibility of Interest It can be possible to keep a loan open once the asset that was used as...
Legal Tip 435: Trusts and Title Since trusts are not legal persons they cannot be on title. Trusts are relationships between trustees and...
Loan Tip: Lawyers Needing Legal Advice Often when someone guarantees a loan for a related company the lender will require the guarantor to get...
Tax Tip 562: Land Tax in WA between Contract and Settlement The taxing date for land tax in WA is 30 June each year. Where a contract has been...
Tax Tip 561: Avoid Land Tax by arranging possession before settlement In NSW land tax is generally levied on the legal owner of the land as of...
Tax Tip 560: CGT Cost Base of Inherited Shares Shares can be inherited different ways with different tax consequences where there are multiple...
Tax Tip 559: CGT When an Investment Property is Destroyed and Insurance Received This is a complex area and the situation could differ...
Strategy for Share investors involving Property Strategy for Share investors involving Property Debt Recycling Strategy: Buy and Sell...
Tax Tip 557: Debt Recycling into Assets that pay no Income Debt Recycling is converting a loan on which the interest isn’t deductible into a...
Tax Tip 556: Redrawing to invest from a Loan that is in Credit Loans have negative balances usually. The borrower owes the bank the money they...
Tax Tip 55: Death and HELP Debts What happens to HECS and HELP debts if the taxpayer dies? These debts are extinguished at death (just like...
In most cases it is best to not increase and existing loan, but to instead to borrow more money as a separate loan. Failure to do this could...
Tax Tip 553: Can Contributing to Super Avoid Having to Repay HELP debts? HELP or the Higher Education Loan Program Is a system to allow for...
Tax Tip 552: Debt Recycling with a Related Party Loan It is possible to debt recycle with related party loans just as it is possible with...
Tax Tip 551: Tax Advantages of Not Jointly Owning Shares Is it better to own publicly listed shares in one name or both names for spouses...
Tax Tip 550: The 6 Year Rule while being a Non-Resident for Tax The tax laws regarding the 6 year absence rule, s118-145 ITAA97, and the main...
Tax Tip 549: How to Fix a Mixed Loan where borrowed money is parked in an offset with other money? Imagine this. Homer has a home loan of...
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