All Topics / Legal & Accounting / Accountants and how do you find a property savvy one?

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  • Profile photo of JillsterJillster
    Member
    @jillster
    Join Date: 2007
    Post Count: 1

    Hi,

    I am looking for a referral to an accountant that understands trust structures and how they fit with property investing and an accountant that is passionate about property investing.. Preferrably based in Melbourne…

    All advice welcome…

    Cheers,
    Jillster

    Profile photo of Bob AndersenBob Andersen
    Participant
    @bob-andersen
    Join Date: 2007
    Post Count: 36

    Hi Jillster,

    I would recommend Chan and Naylor http://www.chan-naylor.com.au ph.  9510 2277 or
    Gatherum Goss & Associates http://www.gatherum-goss.com ph 8813 0162
     
    Bob Andersen
    Positive Property Strategies
    http://www.propertystrategies.net

    Profile photo of propertypowerpropertypower
    Member
    @propertypower
    Join Date: 2006
    Post Count: 312

    Try Nancy Keep from Nancy Keep & Associates (http://www.nancykeep.com.au, 03 9544 9577). I have been using her services for over 6 years and she is great. She is a keen property investor herself and she can suggest some "out of the box" investments that can minimise your tax bill significantly.

    Profile photo of AmandaBSAmandaBS
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    @amandabs
    Join Date: 2005
    Post Count: 549
    Profile photo of Becky LockBecky Lock
    Participant
    @becky-lock
    Join Date: 2007
    Post Count: 2

    Hi,

    The same as Jillster I am looking for a referral to an accountant that understands property investing and is passionate about it.  I am based in Sydney so that would be preferable.

    Our current accountant has set us up with a Hybrid Trust with a Pty Ltd company as the trustee which then buys the investment property/land. 

    Does anyone have any comments about this as we have only been advised by the accountant and not sure if this is right or wrong?

    All advice welcome…

    Cheers,
    Becky

    Profile photo of kkingkking
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    @kking
    Join Date: 2006
    Post Count: 17

    You could try Steve McKnights accountant – Mark Unwin of Unwin and Associates in Melbourne.

    Profile photo of tess85tess85
    Member
    @tess85
    Join Date: 2007
    Post Count: 48

    I'd be interested to hear of some sydney recommendations too!

    Thanks in advance :)

    Profile photo of Bob AndersenBob Andersen
    Participant
    @bob-andersen
    Join Date: 2007
    Post Count: 36

    Hi,

    See my earlier comment in this post. Chan & Naylor have their head office in Sydney.

    Profile photo of tess85tess85
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    @tess85
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    Profile photo of TerrywTerryw
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    @terryw
    Join Date: 2001
    Post Count: 16,213
    Becky Lock wrote:

    Hi,

    The same as Jillster I am looking for a referral to an accountant that understands property investing and is passionate about it. I am based in Sydney so that would be preferable.

    Our current accountant has set us up with a Hybrid Trust with a Pty Ltd company as the trustee which then buys the investment property/land.

    Does anyone have any comments about this as we have only been advised by the accountant and not sure if this is right or wrong?

    All advice welcome…

    Cheers,
    Becky

    Becky, just be careful as there are some potential problems if not done correctly – problems that may only appear when the trust redeems the units or you sell the property years down the track

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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