How to interview accountant/broker?

Discussion in 'Loans & Mortgage Brokers' started by property_geek, 27th Feb, 2016.

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  1. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    I think Pete is right. Most wont seek advise even if you tell them to.

    Some also only believe what they want to believe.

    I recall that i had a client come in and he had increased an owner occupied loan before moving out and taking the extra borrowings to pay down his new ppor loan. He insisted his interest was deductible in full. I proved him incorrect but he wouldnt believe me because he would have lost money if i was.
     
    Terry_w, 28th Feb, 2016
    #41
    Daniel Taborsky likes this.
  2. Daniel Taborsky

    Daniel Taborsky Well-Known Member

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    And the broker should encourage the client to get tax advise to confirm. Even if they know the client is unlikely to do so.
     
    Daniel Taborsky, 28th Feb, 2016
    #42
    Jess Peletier likes this.
  3. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Sure thing. That will cover the broker to a certain extent. Make sure it is in writing too.
     
    Terry_w, 28th Feb, 2016
    #43
  4. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    I get this one a LOT

    Ostrich syndrome

    ta

    rolf
     
    Rolf Latham, 28th Feb, 2016
    #44
    Corey Batt and Terry_w like this.
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