by Garry Wolnarek | 27 May 2023 | Covid-19, Land Tax, Property, Property Investors, Property Taxation, Tax Planning
Victoria was the most locked-down state in Australia, if not the world during Covid, resulting in the Victorian Government accruing over $30 Billion in debt to keep the doors closed. Victorian Statement Government wants to raise $8.6 Billion over the next 4 years by...
by Garry Wolnarek | 20 Mar 2023 | Joint Venture Agreements, Property, Property Developers, Property Taxation, Small Business, Tax Planning
Joint Venture tax understanding for property developers in Australia Joint Venture Agreement What is a (JV) for Property Development A joint venture (JV) is a cooperative agreement between two or more parties in which all parties contribute their resources (such as...
by Garry Wolnarek | 9 Dec 2022 | Property Investors, Superannuation, Uncategorized
SMSF Property Investment The ability to borrow money and acquire property within the superannuation environment has seen the rapid rise of self-managed super (SMSF) to now be the largest sector of the superannuation industry (measured by funds invested), eclipsing...
by Garry Wolnarek | 23 Oct 2022 | Capital Gains, Property Advice, Property Estate
When the deceased person’s home has a mixed history of being a principal home and a rental, combined with the fact the estate sells the otherwise principal home after 2 years, the CGT is not so easy to understand for the family left to deal with how and if CGT...
by Garry Wolnarek | 29 Jun 2022 | Property, Property Investors
Why do you need a co-ownership agreement? Anyone can have a co-ownership agreement, one common scenario is:- This is where people who aren’t in a de facto or marital relationship want to buy a property together. They might be brother and sister, or friends, for...