Stacey Surveys on here is Vic based

More Surveyors or less work?

Hi NK

If your new accountant says there is not much difference between buying in a company and buying in a trust, I strongly suggest you change accountants.  No 50% capital gains tax exemption for a start.

If your accountant is talking about the difference between your own name and a trust that is not so bad.  

I am a huge advocate of buying in…[Read more]

Hi Helin

Recommend you see a lawyer for asset protection as that is legal advice and accountant for tax purposes.

regards

2 Routes I believe

University + work experience + exams 

Practical training- on the job training + study at tafe + exams

D

http://thedesignpartnership.com.au/

Andrew in this firm knows his stuff.

Hi Chris

I have loads of clients that do really well with JV's

If your agreement covers all eventualities it keeps relationships easier.  We do extensive shareholder agreements even for simple company operations with different shareholders, if the agreement details how to deal with things, it doesn't progress to arguments because it is there in…[Read more]

Hi Nigel

 Terry W on here is a Sydney based lawyer with loads of property experience.

Terryw.com.au

Hi Freckle

Cheers, sounds interesting.

regards

Cheers Freckle

I am heading for 20 years of business experience to varying degrees at varying times Some businesses making hundreds of thousands are a year, a couple that cost me dollars.  Wife has been a planner since 1997 so seen some ups and downs.  Timor would be interesting but would have to see how it ties in with the law practice, I like…[Read more]

Hi kara

If you bill in your own name, a service trust which employs the reception staff, supplies the equipment etc and bills you the same as the other professionals may assist in asset protection and tax planning.

Yes is a lot out there and I personally think it is taking competition law too far.  A lot of people do seek authorisations though.

Hi Freckle

The contraction of planning firms happened in a big way last year, it was one year too far for many.  

It may happen again, but I am taking advantage of this contraction to expand in these areas.

We do jobs for a couple of architects all over Qld so could push those areas if it contracted again.

Plus my business structure is very…[Read more]

If clients of mine (in the planning practice) decide not to go through with an expensive but oh so worth it planning issue with their PPOR, I will break my triple record easily.

I am pushing them hard to do the planning its going to cost them $30-$50k in my fees alone, however, their block will be literally worth 10 times as much.

I have also…[Read more]

Agree with Terry

Suing on representations is hard work, unless you are suing marketing companies and real estate agents for mis representations.  They put it all over the advertising.

D

Hi 

The developers are coming back.

Conveyancing is going nuts in my law firm also.

People are getting gazumped on 4-10 lot sites according to the contracts we see (we draft the contract and due diligence clauses etc) that don't get up.

regards

D

If a contract is terminated in this way,  it is treated as never having existed, they have to give you your deposit back.

Hi

I would also suggest looking at the zoning of the land and the neighbouring land.  If you can find a residence that is next to a commercial use or is on a main road that would help from a rezoning perspective.

Also suggest that you don't own the building in your own name and ensure that there is formal leasing in place to separate the…[Read more]

Hi 

Yes it can definitely work.  

It can also get very messy if it goes wrong.

Be picky in who you partner with.

Make sure your JV agreement is tight and right

I would also suggest that your entity that owns the land is not a joint venture to the part.  Setup another entity that owns nothing, other than a legal right to build on the land…[Read more]

I did numerous permanent homes that were moved and restumped from one site to another a decade or so ago.

Made some great money.  Probably still some money it that, plenty of "free" houses as long as you remove the stumps etc.  I have 3 I could give away now.  

Problem now is all asbestos must be removed before you can move it, so probably cost…[Read more]

Hi

depends on state and if you are covered by Retail Shop leases act and also terms of your lease.

In an ideal world, tenant is responsible for everything from the fence in.  Some leases favour tenants, some favour landlords.  Mine favour landlords because thats our client and that is the way it should be.

D