mercury1 replied to the topic Property ownership split in the forum Help Needed! 10 years, 5 months ago
I have always dealt with accountants face to face but a distance one might be OK.
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mercury1 replied to the topic Property ownership split in the forum Help Needed! 10 years, 5 months ago
Thanks Andrew thats what I will have to do. The property should be positively geared once complete by late September. I need to find a property accountant in Mandurah WA, anybody have any suggestions? Also, if i moved into this property as my ppr for 12 months, there would be no CGT?
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mercury1 started the topic Property ownership split in the forum Help Needed! 10 years, 5 months ago
Please help – Just seen our accountant and we’ve been told we have set up our ownership split wrong. As I am the highest earner in the family the loan was structured on a 90/10 split. Whilst this maximises my tax right now, when we sell our investment property this would take me into sky high tax bracketing. As the property is geared for mostly…[Read more]
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