Julia's Blog
By Julia Hartman
(Download PDF) Bosanac’s case has taken a turn for the worse. https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/full/2021/2021fcafc0158?fbclid=IwAR3KR9OTbrHLVJh6xLCx7Sb0nkX5KK1JHhrdIhcmRc6XIAamXH8TgQKbCn4 Initially, before a single judge of the Federal court Ms Bosanac was successful in holding onto the family home which she held in her name only. The ATO was after half of it to pay her husband’s tax bill. The Federal court found …
(Download PDF) Educating yourself and seeking advice is something you associate with property investing but not buying a home to live in. Well, it didn’t take long at all for me to come up with 12 mistakes I have seen people make when buying a property to use as their home. I list them below, …
Download PDF Last Updated: 28th January 2025 Expats Beware the Australian Government is After Your Main Residence Exemption Again! The bill to remove the main residence exemption for expats made its way through both houses in the final days of the 2019 parliament. It is a little tamer than the 2017 version but can still …
Obviously, you have to declare the income you receive and are entitled to claim expenses but the long-term consequences of a property earning income is capital gains tax (CGT) which means keeping records for the rest of the time you own it. This will even apply to your home in most circumstances. When the Property …
Last Updated: 7th January 2025 Download PDF There are many changes affecting people purchasing a property after 30th June, 2018. My aim here is to give you a check list to make sure you understand what has changed for you. Note the first 3 points apply equally to people who buy a home to live …