Category «Property Investments»

Building A Duplex

There are just so many tax traps when building a duplex that you must see a property savvy Accountant before you begin.   These issues cover a common wall duplex through to building another house on your land by creating a battle-axe block, too looking at when you create two or more titles with a house …

10 Myth Busters for Renovators

  After 3 days on a stand at the Cherie Barber Boot Camp I realised there are a lot of fundamental issues that are misunderstood by renovators so here are the basics. If you would like more we have a renovator’s booklet on our web site https://www.bantacs.com.au/booklets/Renovators.pdf 1) Borrowings – It is all about the …

Year End Strategies

Before embarking on any year-end tax strategy it is first important to consider whether you are going to be in a higher tax bracket next financial year. Examples of how this could happen would be a capital gain because you are going to sell an asset or your pay may go up next year. If your tax bracket is going to be higher next year, then it may be better not to drag deductions from next year into this year or delay income from this year to next year…