All Topics / Help Needed! / Accountants in Melbourne

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  • Profile photo of adoreadore
    Participant
    @adore
    Join Date: 2010
    Post Count: 2

    Apologies in advance as I am sure this will have been asked before and if it has please direct me to where the thread can be found. Can anyone recommend a property investing savvy accountant in Melboure (not just another one that suggest negative gearing for those that are on $150K + salaries)

    Profile photo of MrElmoMrElmo
    Participant
    @mrelmo
    Join Date: 2010
    Post Count: 30

    Hi,
     I saw Chan & NAylor in St Kilda Rd they look after investors.
    They are expensive but their advise is invaluable

    Goodluck

    Profile photo of trusteetrustee
    Member
    @trustee
    Join Date: 2010
    Post Count: 27

    Hi Adore,

    Depends on the advice you want.  Not everyone requires a trust.  This depends on your current situation.  If you have lots of equity in lots of investments or businesses, even shares, then maybe a trust is for you.  If you are starting to look at building wealth then until you aquire 2 or 3 properties then the cost of a trust in not woth the effort and cost in terms of additional accounting and land tax.  I would suggest Gatherum Goss in Blackburn as they don't try to sell you trusts like c&n do.  They make their money from being eithical and providing appropriate info without the big price tag.

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