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I know my accountant would be the best person to ask but she overseas atm so... I use my car primarily for business 80-90%. The car is owned by myself and my wife. My business is in a company. Rather then claim the running expenses on my personal tax return I would like my company to pay for...

Properties in The Hills are not on the market for anymore than a week. I'm looking at anywhere from Winston Hills to Kellyville Ridge, Old Toongabbie to Kings Langley. And this is with a huge supply of land coming on around The Ponds - Schofields - Kellyville

I've got a sneaking suspicion that this topic has been covered before. Around the time of the horrific bushfires in Vic a few years back. I seem to recall that if you exchange on a property unconditionally and it then burns to the ground, you are still required to settle with no compensation...

Thanks all, I would not have baulked at a 2 year time period, I cant remember the exact details but it was ridiculous (It was either a $10k break fee or a 10 year period) and had put me off brokers all together ........until now. Starting a new business 12 months ago, the expertise of a good...

Silly question really but... The last time round getting a loan (almost 8 years ago) we were talking to a broker (it may have been mortgage choice???) about our next purchase. Somewhere on the paperwork it said that if we payout the loan within a certain amount of time we have to pay the...

To take advantage of CGT concessions when we sell the business. We have a few milestones to pass yet but the plan is to sell in 10 years

Thanks. I need to have a frank discussion with my business partner about the performance of his long term personal accountant.

he hasn't warned us about anything. I've done 4 gst returns under the pty ltd. I will seek proper advice. But my thoughts are to submit a zero BAS return for the pty ltd and register the unit trust for gst from now on. This is going to get messy. Thanks again

Thank you......I didn't think it was just me. My decision to find another accountant is obviously justified.....Apart from the suspicious advice, it just took far too many phone calls and follow up emails to get the unit trust done. His interest level is zero. Thanks

Still waiting to chat with my solicitor on this one but I thought I'd ask here.... My business partner and I set up a new business a year ago. We asked about and then were recommended to set up a Unit trust with a corporate trustee. Then 2 family trusts owning half each of the units. Our...

After using Xero for the past 6 months, I can whole heatedly recommended it. Definitely can input non invoiced items/expenses. I have the automatic bank feed setup and a couple of times a week I just code it all up. 'Easy as' to just put it in a revenue code or expense code. I was operating...

Who do you currently bank with? CBA Was your last two years as PAYG decent income? Reasonable for most peoples standards Can you manage to 90% LVR? We can if we have to. Cheers

Bingo! The operative word here being 'good'. Tell the PM it ain't happening. If they want new carpet to do it themselves. Without knowing the more details, what's the story with the endless options? As a commercial agent I would never (insert disclaimer) recommend a landlord accept 3x1year...

Thanks for the advice.... I'm not sure how much 'lend' could be supported, but what would be the issues if any from my wife applying for a loan for an IP...and then changing our minds once settled and move in. I understand that a percentage of the potential rent would be taken into...

Thanks for the response at this late hour Aaron. I was working as a commercial realestate agent...I've now setup a commercial agency of my ( our) own. Cheers

Silly question but not really sure. I started a new business Nov last year with a partner. So far so good and am now happy to commit to a mortgage again. We ( business partner and I) have been paying ourselves the equiv of $60k pa each. Hoping that it will end up more at year end but...