Does anyone have a good accountant that doesn't charge thousands to manage multiple living trusts under a single corporate entity and help advise tax/loan brokerage for real estate holdings for each one?
Accountant Recommendation to Manage Multiple Trusts
Fat Horny Ghost on 18/02/2023 - 21:40
Comments
I know a good accountant that also gives great advice, but because they are good, they charge thousands. Sorry.
Can you PM details?
Where are you? A local accountant is generally best, if possible.
An accountant without dual citizenship is ideal; less chance of them skipping the country after committing fraud. So look for one with all Australian grandparents.
Based in two cities, Sydney and Brisbane so a bit hard to stick to a local, the one I have atm is just mainly for personal tax and sole trading so wanting to look for one that specialises more in handling simpler trust accounts with holdings and loans
An accountant who doesn’t charge $1000s is one that spends no time at all doing any work on your trusts. I’m sure you can research all the information you need
Also you need a degree to be an actual accountant. You don't spend years of your life paying for and earning an accounting degree just to give away your skills and knowledge for a few hundred bucks.
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