Who can witness a Statutory Declaration in South Australia?
The question of who can “witness a stat dec” in South Australia comes up quite often. The good news is that the list is long. The bad new is that not all of them know what they are doing!
Andrew Andreyev chats with Tax Talks about Property Development 101
How would you structure a property development project for tax purposes? Not that you would ever structure something just for tax. Of course tax is just one factor of many you need to consider. In this episode let’s look at the basics. What types of developers are...
Andrew Andreyev chats with Tax Talks about Subdivision of Land
If you want to sell parts of your land, you need to subdivide. But when you do this subdivision of land, what happens taxwise? When does CGT event K4 apply? Can you retain the main residence exemption? And when would your property development be a profit making scheme...
Andrew Andreyev chats with Tax Talks about Asset Protection Silos
How should you structure a multi-project business for asset protection? Let’s say you are a builder with several construction projects. Or in hospitality with several restaurants and cafes. Or a retail chain with various locations. Or in agriculture with several...
Andrew Andreyev chats with Tax Talks about asset protection trusts
An asset protection trust (aka equity split) does not give you 100% protection but it helps. In another episode, we already touched on asset protection trusts as the fifth layer of asset protection. In this episode, Andrew Andreyev drills deeper into this. You can...
Solution Brief: Buying Property
People enter into contracts for the sale and purchase of property frequently However, if you are not familiar with the legal and procedural requirements, you may miss out on valuable opportunities and benefits, including: Tax benefits: Certain property holding...
Solution Brief: Land subdivisions
Dividing a parcel of land into two or more separate titles can be great way to improve the overall value of your investment. Set out below are the key steps in this process. Contact your Council and prepare a ‘Plan’ First you will need to get a copy of...