From: Kevin B
I am looking at setting up a company to own 2 new town houses $500000 each So the company would have assets of 1 million.I want to work out a loan to equity balance for the company so that company can utilise all deprecation allowance and have poitive income.If the company has a negative tax position because of deprecation etc can this be carried over or is this lost
Thanks in advance for info
I am looking at setting up a company to own 2 new town houses $500000 each So the company would have assets of 1 million.I want to work out a loan to equity balance for the company so that company can utilise all deprecation allowance and have poitive income.If the company has a negative tax position because of deprecation etc can this be carried over or is this lost
Thanks in advance for info
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