by Garry Wolnarek | 22 Jun 2025 | Property Investors, SMSF Property, Superannuation
Considering a SMSF setup before 30 June 2025. Pause.If there are no contributions or assets in the fund, you could be triggering thousands in avoidable compliance costs, all without gaining any strategic benefit. Why timing matters for SMSF setup Setting up an SMSF...
by Garry Wolnarek | 8 Jun 2025 | Capital Gains, Land Tax, Principal Place of Residence, Property Advice, Property Developers, Property Investors, Property Taxation
Important Timing Considerations – Especially Around Financial Year-End ⚠️ Important Timing Considerations – Especially Around Financial Year-End Scenario Overview Option Granted: 1 May 2024 Option Fee: $50,000 (non-refundable) to purchase a commercial property for...
by Garry Wolnarek | 6 Apr 2025 | Capital Gains, Principal Place of Residence, Property Advice
Main Points Considered A New Zealand Citizen living in Australia, do they qualify for the First Home Owners Grant (FHOG) Also, can they qualify for the First Home Owners Stamp Duty Concessions What if they rent out the spare bedroom to help pay the mortgage? Scenario...
by Garry Wolnarek | 8 Mar 2025 | Capital Gains, Principal Place of Residence, Property, Property Investors, Property Taxation, Rental Properties, Tax Planning
Principal Place of Residence Exemption Loss if Sold While Overseas Summary of how the Principal Place of Residence (PPR) Exemption is impacted by moving overseas. When Australian homeowners move overseas and become non-residents for tax purposes, selling their...
by Garry Wolnarek | 28 Feb 2025 | Capital Gains, Principal Place of Residence, Property, Property Investors, Property Taxation, Rental Properties, Uncategorised
Having an investment property prior or posted to it being a principal place of residence has tricky CGT Calculations. Capital Gains Tax (CGT) is an essential consideration for property owners when selling a property used for different purposes over time. This blog...
by Garry Wolnarek | 23 Feb 2025 | Land Tax, Property, Property Advice, Property Investors, Property Taxation, Tax Planning
Picture of a vacant block of land to illustrate it may be subject to land tax What is Land Tax? Land tax is a state and territory-imposed tax on the unimproved value of taxable land owned by individuals, companies, and trusts. It is calculated annually based on a...
