We are thinking of selling an underperforming IP. I am interested in strategies to enable us to keep as much as we can in our pocket.
If we sell in July and settle soon after - do we get to keep profits until the EOFY when tax return is done? This means we get to save on interest by offsetting ppor.
Is it a good idea to prepay interest and other bills for the following year (but before June 30)?
Interested in feedback on this and other suggestions
If we sell in July and settle soon after - do we get to keep profits until the EOFY when tax return is done? This means we get to save on interest by offsetting ppor.
Is it a good idea to prepay interest and other bills for the following year (but before June 30)?
Interested in feedback on this and other suggestions