by Garry Wolnarek | 20 Jul 2019 | Capital Gains, Property Advice, Property Taxation, Tax Planning
Property Spruiker Seminars do your own research. With interest rates so low, and property prices in many capital cities have come back in value, coupled with rising rents in selected areas. Property Spruikers are coming out of the woodwork to make their perennial cash...
by Garry Wolnarek | 10 Jun 2019 | Capital Gains, Property Taxation
Brisbane has currently one of the most affordable housing prices Brisbane’s housing affordability has improved over the most recent quarter due to increasing household incomes rising faster than dwelling values. Over the past decade, affordability has improved because...
by Garry Wolnarek | 17 Mar 2019 | Capital Gains, General, Property Taxation, Tax Planning
Subdivide the backyard We are getting a number of inquiries from people living on large blocks of land, (i.e.) 800m2 plus in suburbia, or areas surrounding, looking to subdivide for various reasons some of the lands, to help fund things like:- major renovations to...
by Garry Wolnarek | 2 Mar 2019 | Capital Gains, Property Taxation, Tax Planning
No CGT discount for non-residents, however former Australian residents will get a pro-rata discount. From 9 May 2012, the 50% CGT discount allowed for gains made by individuals is reduced for any periods in which the taxpayer has been a...
by Garry Wolnarek | 22 Sep 2018 | Capital Gains, General, Property Taxation, Tax Planning
House & Land Development Tax Planning Opportunities Property development has become a way for mums & dads and the like to capitalise on their big backyards, with a small property development subdivision. Those with house lots over 1000m2 have opportunities to...
by Garry Wolnarek | 12 Apr 2018 | Capital Gains, General, Insights, Property Taxation, Tax Planning
Buying the land next door can be a great idea to expand your wings while retaining the CGT Main Residence Exemption. We come across clients that have purchased the adjoining block of land, either at the time of the original purchase or some time later for various life...