GST on sub-division development

Question Hi Julia I have a beach property which is currently rented for holiday rentals (I suppose this is no different to residential rent??) I am not registered for GST and I do not use the property for my personal use. I want to sub divide the property and build 2 units and then continue …

unit development

Question I purchased a property in march 2008 in the name of our discretionary family trust,with the intention to use as a rental property.It was rented for a period of 14 months.At this point in time severe structural termite infestation & water damage was discovered & it was determined the dwelling was to far gone …

CGT on PPOR if rented

Question My PPOR is avaialble to rent as a holiday house via a real estae agency with a management agreement in place. I am using the 6 yr rule. i want to use the house for 3 weeks and I beleive i won’t be liable for CGT on the personal use portion if it is …

Non-resident CGT on sale of Business

Question I am a Singapore Resident for taxation purposes, as per Article 3 Section 2(a)(i) of the Singapore Australia Double Taxation Agreement, as I have a permanent home available to me in Singapore and don’t have a permanent home available to me in Australia.I am the sole Director and Owner of a ‘Singapore PTE LTD’ …

Transfer of tax deductions to another person?

Question I own a property in my own right, as does a friend, who I have just moved-in with in order to rent-out my property, saving us both in general living expenses.My friend is temporarily helping me out financially until I’m able to establish a new stream of income & is paying all interest/leasing/advertising costs …

mortgage trust

Question In august API page 91 you mention mortgage trust as a way to protect available equity. Is it a normal discretionary trust with some extra provisions in it and if yes what are the extra clauses? Can one mortgage trust protect equity in a number of properties? Please provide more info so I can …

Transferring title

Question My de facto girlfriend and I both own two investment properties together. Both properties are held together as joint tenants and are located in Victoria. It looks like we are going our separate ways, and we are thinking about each person taking a property. Is there any way for us to transfer title to …


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