by Garry Wolnarek | 22 Apr 2019 | General, Property Taxation, Tax Planning
Single Baby Boomers Cooperative Living Emerging trends Some single baby boomers are using their home as a money box to sell up, pool resources and move in together. Cooperative living for older people is a well-established movement in countries such as the US and many...
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 | 23 Jan 2019 | General
Trusts tax reform set to go ahead under Labor After first being announced in 2017, Labor’s proposed tax for discretionary trust distributions is shaping up to be a key election issue. About two years ago, opposition leader Bill Shorten announced that Labor would...
by Garry Wolnarek | 4 Jan 2019 | General
New market research indicates about 900,000 interest-only loans will revert to principal and interest payments this month, following a tougher year on the mortgage market for property investor clients. Comparison site finder.com.au drew this estimate from an analysis...
by Garry Wolnarek | 26 Dec 2018 | General
Labor’s Negative Gearing – limited to New Construction Labor may implement tax policies of negative gearing restrictions, reduction of the CGT discount, and ending excess dividend imputation if it wins government next year. If you hold any investments you...
by Garry Wolnarek | 11 Nov 2018 | General
The Property Capital Gains Tax Identifier will help those selling an investment property or their home that was used partially to derive income or operate a business from, determine if any capital gains tax is applicable and an indication of how much capital gains...
