Hi – can anyone recommend an accountant who specialist in small subdivision 2/3/4 townhouse type developments. Specifacally good experience with setting up correct structures for tax minimisation and asset protection. Also solicitors to match.
Prefer close to melb CBD or Geelong. Ideally those with capacity to take on new clients – past recommendations have 3-6 month waiting lists!
Sounds like you need a lawyer for the structures – this is legal work. No such thing as a 'correct' structure, only different structures, some of which may be better than others.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Thanks terry, are you suggesting I should use a lawyer to set up a trust (or company) vehicle for developing and not an accountant?
Homemade wrote:Thanks terry, are you suggesting I should use a lawyer to set up a trust (or company) vehicle for developing and not an accountant?yes.
A trust is an arrangement in equity, where one person holds assets for another. This is the area of law that accountants cannot advise on – 1 because it is legal services and 2 before they wouldn’t have the knowledge.
Lawyers can also give tax advice, but you may want to run the tax side of things by your accountant too.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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