Hello all,
Wondering if someone can recommend a decent accountant in Melbourne (Ideally south east) who can assist with buying an investment property. I'm at a bit of a loss as to how to select/find someone. I am happy to pay a decent amount for their services, but want to find someone who is worth paying for.
Cheers,
I'm dead after this comment. To the point I now am looking for deals on wipes to clean the coffee I just sprayed all over my screen
rip
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assist with buying an investment property
I think you are looking for a buyers agent. Why would an accountant be any more qualified to help you buy an IP?
On a serious note. I recommend Empower Wealth.
I think you are looking for a buyers agent
This is a reverse Real Estate Agent?
Yes
Second buyers agents.. or even a financial planner could help
who can assist with buying an investment property
You need to define what it really means?
Let me assume you need them to work out:
1. What is the tax benefit of buying a property for your income
2. Implications when it comes to sell (after CGT) the gain might screw you over. Say if you make $150k and make $100k after CGT you pay $60k at top tax bracket and government double screw your super when your concessional tax goes from 15% to 30%
It is fun games.
Is he a dick?
I believe there'll be a wave of negative gearing going ahead this year…
Seems like every man and his dog has an IP. Ended well for America…
You probably want a solicitor more than you want an accountant. All you need for accounting is to keep good records/receipts.
Unless you're planning on buying it through a trust or some dodgy overseas investment vehicle or something.
My son Nathan just did an internship at PwC, he can help?