Changes to Boost & Stamp Duty take effect today, 1 August 2011

As of today, there are a few adjustments to how stamp duty is calculated for home owners.

Important points:

• $10,000 boost when building a new home (PPoR or IP) for anything less than $600k
• Removal of 'Home Concession' stamp duty concession (now investors pay the same as home owners)
• Changes to First Home Concession and Vacant Land Concession (some compensation for the removal of 'Home Concession')
• Changes to Stamp Duty rates

So what is the impact pre & post 1st August 2011 in Queensland? Below are a few examples describing the four main components: stamp duty, concession, first home owner's grant & the building boost grant.

First home owner - Building New @ $450k

First home owner - Buying Established @ $450k

Investment Property - Building New @ $450k

Investment Property - Buying Established @ $450k

Buying property through Super!

If you manage or are thinking of setting up your own superannuation fund, you may be interested in investing in property, either commercial or residential. However you need to be aware of the fundamental rules first before spending your hard-earned retirement money because if you get it wrong, the tax penalties can be horrendous!

Here are some key tips for Self Managed Super Funds

What they can’t do:

1. They generally can’t borrow money to invest i.e. they can’t participate in the tax benefits of negative gearing;

2. They can’t purchase residential property from member’s or associates of the fund;

What they can do:

1. They can purchase “business real property” (generally commercial property) from member’s or associates of the fund.

2. They can purchase any form of property (and other assets) from any-one other than a member or associate of the fund (i.e. the general public at large) provided the investment fits in with the Fund’s investment strategy.

More about Self Managed Super Funds

The benefits of holding property (and other investments) in your super fund as an investment are asset protection, lower tax rates on rental income, lower tax rates on capital gains if it is sold in the future and providing for a secure long-term investment.

You may also consider using your superannuation fund to acquire your future retirement property. So rather than waiting many years into the future, you could consider purchasing it now and when you retire, the superannuation fund transfers the property to you instead of cash. In the interim, it is recommended that the property be let to tenants at fair market value.

A self managed superannuation fund can have up-to 5 members so even if you personally don’t have enough super to invest, you could consider jointly investing with other family members or your business associates.

The options, and uses available to your superannuation fund are huge and the single greatest area of wealth creation and growth is superannuation. So don’t miss the opportunities, discuss how we can help you now.

(This blog has been provided by Team Accounting Solutions. It is general advice only and should not be relied upon without seeking independent advice).

To get competent advice about setting up your SMSF, contact Team Accounting Solutions:

• Go to www.teamas.com.au;
• Send an email to Team Accounting Solutions at peters@teamas.com.au; or
• Call (07) 3897 6666

Tax Depreciation Schedule - Do you have one???

Many investment property owners are not aware of the fact that they can claim tax deductions for depreciation on their investment properties - and that you can claim for depreciation costs on older properties as well as newly-built properties.

Recent figures show that up to half of all investment property owners in Australia do not claim their depreciation costs against their tax and are consequently paying thousands of dollars in tax they don't need.

Most investment properties stand to make a claim between $4,000 - $12,000 per annum, so if you're in the 50% who haven't organised a schedule, contact us today - 1300 911 576 - We'll get a Quantity Surveyor to talk to you immediately.

If you have an investment property or are thinking of buying an investment property, don't forget to order a schedule from a qualified quantity surveyor. With a money back guarantee, you can't lose!!

Get More Info >>

Buying property - What sequence works best?

As Buyer's Agents, we recommend the following preliminary steps when buying property. We explore this in more detail with our clients, but here's a quick summary:

Structure --> Budget --> Finance --> Assemble the team = Buy!!

Structure

Visit your accountant and work out the most tax-effective entity for your property purchase. For many people (particularly home owners), you will buy your property in your own name. However, when you're about to purchase additional properties and start building a portfolio, it's good to ask the question - "What entity should I buy this in?"

Your accountant should consider two key elements:

1. What is tax-effective for you?

2. What is your risk profile?

Budget

The word budget is probably not the sexiest word on the planet (it's up there with "diet" and "tax return"), however, it's a very necessary step. Sit down and work out how much money you're earning and spending each month, then work out how much you feel comfortable as an ongoing commitment. Remember to include all costs (building repairs, maintenance, rates, agent's fees, etc), as well as any depreciation benefit from the property. Now you're ready to ask a mortgage broker about your borrowing capacity (the bank's opinion of what you can afford).

Finance (borrowing capacity)

Why didn't we make this the first step??

Structure comes first, so we can request finance pre-approval for the entity actually buying property. There's little point in applying for finance pre-approval for an entity which isn't actually going to buy the property. You could be buying it in your own name, but you could also end up buying it under a trust entity or a Pty Ltd. The documentation needed by the finance broker could be completely different.

Assemble the team

This is important. Work out who is helping you with your property purchase and write down their contact details. Include your conveyancing solicitor, building and pest inspector and your buyer's agent (of course). This way, you're able to act fast and generate a contract quickly.

Tip: Don't forget to start communicating with your team throughout the buying process. Don't wait until you've signed a contract!

Now... you're ready to buy!!!

Yours in property!

LAST DAY Sunday 14 June - Brisbane HOME BUYERS SHOW - Limited FREE tickets left!

HOME BUYER SHOW - last day Sunday 14th June 2009

Brisbane Exhibition Centre – Southbank
Saturday 13th June & Sunday 14th June 2009

We want you to attend the Brisbane HOME BUYER SHOW as a friend of Morpheus Property and pay only $5.00 per adult entry instead of the gate admission price of $15.00 per adult.

OR you can contact me as I have only 6 Complimentary tickets left. We can arrange to meet at the show - call me on 0409 055 128.

Feel free to pass this offer on to any family, friends, clients or colleagues you think may be interested in attending the Brisbane HOME BUYER SHOW!

Go to https://secure.tradevent.com.au/homebuyers2009/ book and buy your $5 ticket online using the promotional code – MORPHEUS

We would also love you to subscribe to our newsletter or follow our Blog. Look at the Panel on the right of this page for more information...----->>>>>>>>>

All the Morpheus Crew hope to see you there at the Home Buyer Show this weekend!

Good advice - Where are you getting yours from?

This sounds like a simple enough question, yet the responses we hear are often quite frightening.

There are three main examples of how buyers obtain advice. We seek:
a) NO advice
b) some advice, but we choose unreliable sources
c) some advice from reliable professionals

Throughout a property transaction, you will often need some or all of the following professional services:

• Wealth Coach - to help ensure you have clear goals, a good budget, etc.
• Accountant - to ensure tax effective set up
• Solicitor - to maximise your asset protection, as well as ensure you're using legally enforceable and suitable conditions in your contract of sale
• Buyer's Agent - to find the right property at the right price and ensure the transaction runs smoothly
• Building and pest inspectors - to ensure the property is what it appears to be (help eliminate surprises)
• Conveyancing - manage all legal correspondence and searches
• Property Manager - find tenants for your investment property
• Tax Depreciation Specialists - ensures you get the maximum refund for your investment property

NO advice - Example

Buyer A goes to an auction to see what they're all about. A Real Estate Agent greets Buyer A at the entrance to the auction and encourages the buyer to "register to bid" - no harm there....

During the auction, Buyer A gets quite excited by all the noise and hype.  Not knowing the value of the property on the day, Buyer A puts his hand goes up in the air to make a 'silly' offer on a property. He believes it couldn't possibly go that cheap, so again - no harm there.

Unfortunately, Buyer A made an judgement error.  His first bid was the ONLY bid and Buyer A is now the proud (and very nervous) owner of a property he knows very little about.  Prior to the auction, Buyer A could have seen an accountant, solicitor, buyer's agent, building and pest inspector, but chose not to.  The consequences could prove to be devastating.

Advice - Unreliable source
Buyer B enjoys a lovely Sunday BBQ with close friends and family.  Buyer B's uncle (the property mogul of the family who 'knows everything') starts talking about a mate of his at work who uses a hybrid trust to purchase property. The uncle explains how this mate of his had sought professional advice and the trust was the best way to achieve the best asset protection and tax efficiency. As Buyer B is about to buy her first investment property, Buyer B listens intently.

On Monday, Buyer B sends an email to her solicitor with instructions to set up a trust entity - the solicitor obliges.

Buyer B then proceeds to get finance and purchase the property in the trust entity's name.  While the solution for one buyer may be the best for that person, it wasn't the best setup for Buyer B. The buyer only finds out how much she has lost when she walks into her accountant's office to help her with tax reporting obligations.

Advice - Professionals
Buyer C is an Engineer. She knows how to build a bridge and appreciates the benefits of growing her investment portfolio to generate wealth. She also realises her limitations and understands the value of professional advice. As such, she begins with her accountant and lawyer.

Once Buyer C has her structure sorted, she applies for finance pre-approval. In a strong position to buy, she approaches her Buyer's Agent to do the searching and negotiation on her behalf. Buyer C relaxes as the Buyer's Agent ensures the appropriate professionals are engaged throughout the purchasing process.

Buyer C has bought her investment property, which is optimised in terms of:

- asset protection
- tax effective set up
- value for money
- potential growth
- good tenants, who pay on time

If you want a buying experience similar to the last example, we can help you.  Operating in the industry every day, we know the good professionals, who can help deliver these services and make sure you get the most out of your property purchase.

Yours in property! 

7 Vital Facts You Should Know about Tax Depreciation Reports

7 Vital Facts You Should Know about Tax Depreciation Reports

1. The main purpose of a Tax Depreciation Report is to save you money.

2. Tax Deprecation Reports are for all types of properties – new or old.

3. Not all Quantity Surveyors are qualified.

4. Some Quantity Surveyors do not undertake inspections.

5. A compromise on your Tax Depreciation Report will not withstand an ATO Audit.

6. Some Quantity Surveying Companies’ prices will fluctuate dramatically.

7. Avoid paying upfront for your report.

This report brought to you by Tracey Lunniss - © TSL Project Services, 2006. To book your Tax Depreciation Inspection and Report contact Morpheus Property on 1300 727 586 or visit TSL Project Services Pty Ltd @ www.tslprojectservices.com.au/form.htm

Right Property Right Price! - Morpheus Property

Extract from the Newsletter of HOFFMAN KELLY Chartered Accountants

When we refer a client to Hoffman Kelly, we know the client will be looked after with skill and professionalism.

The following is an extract from Hoffman Kelly's latest newsletter:

Economic Stimulus Package (2)
Amongst other measures this package includes cash bonuses and a Small Business tax break.
cashbonuses
• Tax Bonus for Working Australians of up to $900 paid to every eligible Australian worker earning $100,000 or less.
• $900 Single Income Family Bonus.
• $950 Farmer’s Hardship Bonus paid to around 21,500 drought affected farmers and farm dependent small business owners receiving exceptional circumstances related income support.
• $950 per child Back to School Bonus to support 2.8 million children from low- and middle-income families.
• $950 Training and Learning Bonus paid to students and people outside of the workforce returning to study to help.

Small businessinvestment incentive
• The small business investment incentive provides an additional tax deduction for depreciable assets costing $1000 or more acquired from 13 December 2008 to 30 June 2009, where the asset is also installed before 30 June 2010. The deduction will be equal to 30 per cent of the asset’s cost.
• For assets acquired between 1 July 2009 and 31 December 2009 and where they are installed ready for use before 31 December 2010, the deduction is 10 per cent of the asset’s cost.

Please refer to our website for a link to the official Australian Government Release on each of the above measures including detailed eligibility information. Please note eligibility for the $900 ‘Working Australians’ and ‘Single Income Family’ Bonuses is dependent on lodgement of individual 2008 income tax returns before 30 June 2009.

Hoffman Kelly Chartered Accountants & Business Advisors
M: P.O. Box 26, Coorparoo, QLD, 4151 P: (07) 3394 2311 F: (07) 3397 8362E: W: www.hoffmankelly.com.au


For the full newsletter go to:

http://www.hoffmankelly.com.au/downloads/2009%20Summer%20Newsletter.pdf

Yours in Property

Summary of the Rudd Package

Okay, this is the summary of the Rudd Package (extract from the Courier Mail - 03 Feb 09):

MAIN POINTS:
* Tax bonus of $950 for those earning up to $80,000, and smaller amounts for those earning up to $100,000.
* $14.7bn for school infrastructure and maintenance and trade training centres;
* $6.6bn to boost public housing by about 20,000 new homes;
* $3.9bn for free insulation to 2.7 million homes and solar hot water rebates; 
* $890m for regional roads and blackspots, railway boom gates; 
* $2.7bn small and general business tax break to provide deductions for some equipment purchases before the end of June 2009; 
* $12.7 bn for one-off payments to working Australians, families with school-age children, farmers, single income families and for those undergoing training. 

On top of the cut to official interst rates by 100 basis points, the other initiatives are likely to have a direct or indirect effect on the property market.

As usual, the devil's in the detail - Morpheus Property will look into these plans over the next few days to better understand their likely impact. However, we're still expecting a strong flow of first home owners between now and 30 June, which is likely to bump up houses in the $350k-$500k price bracket.

More to follow...

Yours in property!

Breaking news - Ability to pass on land tax finally on the table

The State Government has recently released for consultation the draft Land Tax and Taxation Administration Amendment Act 2009, which amongst other things, aims to remove the restriction in the Land Tax Act 1915 against passing on the cost of land tax to tenants (while retaining the same restriction in the Residential Tenancies Act 1994 and the Retail Shop Leases Act 1994).

See the article at:

http://www.propertyoz.com.au/qld/Article/NewsDetail.aspx?p=16&id=857

Yours in property

Transforming hard to sell properties into great saleable property. - An article by Narelle Todd

From cluttered homes to messy gardens, from tired decor to bedraggled interiors, Successful Living transforms hard to sell properties into sellable homes – and encourages homeowners to release the past, get smart and prepare for a timely sale.

Don’t let your home sit languishing on the property market. Inspire prospective buyers by following 4 of Narelle’s simple strategies to declutter and enhance your property:

1. Declutter your home and gardens. Spend the time to remove the stuff in your home. Be ruthless. You need to present a home that reflects adequate storage. Having things lying around or falling out of cupboards is not the image you want to present as you will raise questions with your prospective buyers that there is not enough storage.
2. Make it easy for your prospective buyers to see themselves living in your home. Give sentimentals a rest. Remove your knick-knacks and have a minimum of photos out.
3. Declutter your kitchen benches by removing appliances and other space stealers. This will assist your kitchen appear bigger and spacious and attractive to buyers.
4. Sort through your belongings in each room of your house and toss what you don’t need or don’t use. Look at what you have remaining and decide what needs to remain in your home and what you can put in storage. By decluttering before you sell, not only do you present your home clutter-free and spacious, you will also save yourself money by reducing your removalists costs.

By presenting a well prepared property, you provide a lasting positive impression and you have set the scene for achieving your sale price.

Narelle Todd and the Successful Living team coaches and encourages home sellers through a major clean-up and targeted makeover that will help you seal the deal. You can find out more on how to maximise your home sale price at http://www.successfulliving.com.au/

Yours property

A message from Tony Hoffman CA | Director of Hoffman Kelly | Chartered Accountants & Business Advisors

Source Wetspac Bank:

Interest Rates

The RBA cut the overnight cash rate by a further 100bps at its December meeting to complete the most aggressive three month rate cut cycle we have seen since the Bank started announcing target cash rate levels in 1990. Even in 1990 when the starting point was 15% and the unemployment rate had jumped from 5.5% to 7% it still took eight months to get to 12%; another eleven months to get to 8.5%; and a further eight months to get to 5.75% where the policy stance was finally stimulatory.

Our forecast has been for rates to bottom out at 3.5% in March. That would have entailed a 50bp cut in February followed by a final 25bp cut in March. That profile now looks too conservative. We have lowered our global growth forecast in 2009 to 1.3% indicating that the world economy is now deeply in recession. Australia’s stimulatory policies will need to extend into the June quarter. That suggests a further ‘leg’ down in rates to 2.75% through the June quarter. With central banks in the G3 now flirting with zero rates, such a low point for Australia’s rates seems eminently sensible.

The issues are clear

The Bank is seeking to get ahead of the curve on this occasion in an attempt to provide sufficient stimulus to incomes and confidence to avoid a disastrous collapse in demand that would inevitably lead to a severe contraction in employment and house prices. Monetary policy is being complemented by fiscal policy in this coordinated policy effort. The fiscal surplus is now forecast to fall from $19.7bn in 2007-08 to $1.8bn in 2008-09 – a fiscal stimulus of 1.7% of GDP, easily the largest since the 2.8% of GDP fiscal expansion in 1991–92 when the government fiscal position moved into deep deficit.

The outlook for employment.

The Australian labour market has slowed through 2008 but with only a slight up-drift in unemployment. The slowdown in domestic demand and rapid deterioration in business confidence will weigh more heavily on jobs growth in 2009 but at this stage our preferred lead indicators still suggest flat jobs growth rather than a contraction. As such, we expect the unemployment rate to rise from 4.5% in 2008 to 5.7% by end 2009 and over 6% in 2010. Note that this is not the surging unemployment rate typical of recessions. It indicates stalled hiring and job losses in some sectors but not widespread labour shedding. Weak real wages growth is also supportive. However, risks are clearly tilted to the downside.

Household debt servicing ratios and house prices

The debt servicing burden for households reached high historical levels by any measure in early 2008. This reflected both rising debt and the peak in mortgage rates at 9.6%. Rate cuts are seeing these pressures ease dramatically. Housing affordability, which also deteriorated sharply through 2007 and early 2008, is also improving. On our estimates, affordability is already back at 2002 levels in Sydney and 2003 and 2004 levels in Melbourne and Brisbane respectively. This improvement coupled with a severe shortage of dwellings is expected to limit house price weakness over the next few quarters. However, the risk is that recent price softness carries into Q4. With confidence also likely to be fragile short term, wobbly prices may also inhibit any rate-driven recovery.

Commercial property

Although conditions in commercial property markets differ greatly from the disastrous experience of the early 1990s, this segment is again vulnerable. The gearing on large transactions is notably lower and occupancy rates are high with no evidence of a glut of space. However, valuations have reflected the excesses of the liquidity boom with yields being very lose to bond rates. An inevitable move to sharply lower valuations will be challenging, especially in an environment of falling office employment, and weak retail spending and industrial activity. This highlights again just how important it will be to cushion any potential deterioration in the labour market with aggressive easing in fiscal and monetary policy.

Source Document - Wetspac Bank
Tony Hoffman CA Director
Hoffman Kelly Chartered Accountants & Business Advisors

If you wish to speak with Tony about tax or business advice contact Morpheus Property on 1300 727 586 or via email at enquiries@morpheusproperty.com.au

Building Allowance & Depreciation - which is which?

The following advice from TDS (Tax Depreciation Specialists):

Deductions for income-producing properties are divided into two types - Building Allowance and Depreciation: 

Building-Allowance

The “building allowance” is applicable to properties, renovations or improvements constructed after 18th July 1985. Generally, it is 2.5% for 40 years. Some buildings attract 4% ie: Built between 17/7/85 and 14/9/87. External structural improvements made after 26th February 1992, such as driveways, fencing and retaining walls can also be claimed. The Building Allowance is also often referred to as „capital works deductions‟.

Depreciation

Depreciation can be worked out using two methods - the Prime Cost Method and the Diminishing Value Method. Using the Diminishing Value Method items under $300 are 100% deductible and items between $300 and $1,000 are depreciable at 37.5% over a full financial year (this is called the “Low Value Pool”). Items over $1,000 are depreciable at their applicable rates eg carpet at 10% (prime cost rate) x 150% (ie 15%) where settlement date was prior to 10th May 2006 or x 200% (ie 20%) if it was after this date. Using the Prime Cost Method items under $300 are 100% deductible and all items over $300 are depreciable at their applicable rates.

For more information, call TDS on 1300 559 815 or visit www.tdspecialists.com.au

Yours in property!

Hybrid trusts under the spotlight

Morpheus Property asks what will the latest Taxpayer Alert from the Tax Office about the “uncommercial use” of hybrid trusts mean for property investors who use this structure?

In March 2008 the Australian Tax Office (ATO) released Taxpayer Alert (TA) 2008/3 which detailed its concerns about the use of some hybrid trusts.

It refers to the “uncommercial” use of certain trusts and describes:

"a non-arm’s length arrangement under which a taxpayer uses borrowed funds to acquire an interest, such as units, in a certain type of trust, which uses the funds to purchase income producing property. The arrangement seeks to provide income tax deductions to the taxpayer for all of their interest payments and their borrowing costs. The arrangement does not provide a sufficient connection between the expenditure and production of future income and/or capital gains, which may be distributed to other beneficiaries of the trust, who may have a lower tax rate”.

Always get Professional Taxation advice from a qualified Tax Accountant before deciding on any asset structure. Once you have purchased in a particular structure it can be very expensive and have grave unintended tax consequences if you want to change those structures.

Yours in Property

Tax Depreciation

There is a tax depreciation tragedy in our investment community - so few investors claim the deductions they're entitled to. In fact, approximately 50% make no claim at all!

I would like to share some figures, courtesy of our Tax Depreciation Specialists, Ian Spence and Jodie Eade. The figures below are examples of actual Tax Depreciation Schedules:


3 Bed Townhouse 10 years old Good Quality
Depreciation - $13,750
Building Allowance - $20,125
Total tax deduction claimable over 5 years - $33,875

4 Bed House New Average Quality
Depreciation - $15,538
Building Allowance - $29,490
Total tax deduction claimable over 5 years - $45,028

3 Bed House Pre 85 - 50K Renovations Average Quality
Depreciation - $11,003
Building Allowance - $6,250
Total tax deduction claimable over 5 years - $17,253

3 Bed House Pre 85 No Renovations Average Quality
Depreciation - $10,667
Total tax deduction claimable over 5 years - $10,667

2 Bed Inner City Unit New - Average Quality
Depreciation - $21,677
Building Allowance - $30,460
Total tax deduction claimable over 5 years - $52,137

*20K Furniture Package
Depreciation - $15,878
Total tax deduction claimable over 5 years - $15,878

NB Depreciation - Diminishing Value Used


There's no excuse. Get your property portfolio working harder for you and put money in your pocket today!!!

Contact the experts in Tax Depreciation at http://www.taxdep.com.au/ or call -

Brisbane: 07 3395 0788
Newcastle: 02 4963 7045
Canberra: 02 6231 9806

Yours in property!

Event - FREE Super Seminar for Investors

Super Seminar

Thu June 19, 6.30pm

LIMITED TO 40 PLACES
Kedron-Wavell Services Club, 375 Hamilton Rd, Chermside
Bookings essential - admin@super-property.com.au

Cost: Usually $99, offered to Morpheus Property clients for FREE

Covered in the seminar:

• learn how to save 000’s in tax
• build & protect family assets
• access your superannuation to invest in properties of your choice
• easily enter into property ownership
• little or no Capital Gains Tax
• flexible negative gearing
• Australia’s only Tax Admin Deed
• ideal for renters - a great opportunity to purchase property

Presented by Super Property - http://www.super-property.com.au/

More information

RSVP: Super Property admin@super-property.com.au 07 3105 2899

Event - FREE Property Workshop for Investors

Discover how to absorb the impact of
rising interest rates and boost your cashflow


Wednesday 16 July 2008, 6:45 for 7pm
LIMTED TO 50 PLACES
Garden City Library
Garden City Shopping Centre
Corner Kessels Rd and Logan Rd, Upper Mount Gravatt Q 4122

This workshop covers:

• "5 Steps to Successful Investing" - Tony Grlj (Wealthyfrog)


• "Tips on Buying in a Buyer’s Market" - Guy Clarke & Martyn Fleming (Morpheus Property)


• "Understand property tax depreciation" - Jodie Eade (Tax Depreciation Specialists)

More information

RSVP: Jodie Eade jodie@tdspecialists.com.au 1300 559 815

Asset protection and Tax optimisation

Should I use a Unit Trust, Family Trust, a Hybrid Trust or maybe not a Trust at all?

There is no one correct answer to this question. If there's no correct answer, why bother mentioning it? Unfortunately, we see many investors who take the advice of friends, colleagues and family members instead of seeking professional advice. We've seen many disaster stories where this has happened and thousands of $$$ lost through poor set up.

Each investment scenario and client situation will require a different investment vehicle to maximise asset protection and optimise your tax situation. You need to obtain advice particular to your circumstances. Here are some popular concepts you may encounter:

A Property Trust (Unit Trust) is a trust that has fixed income distribution dictated by the ownership of the Property Trusts Units. For example if there are 100 units in the trust and you have purchased 10 units, then you will receive 10% income from the trust.

A Family Trust is a discretionary trust which allows income to be distributed to any beneficiary of the Family Trust according to the discretion of the Trustee and the rules of the Trust. One of the most significant benefits of this structure is that the income can be changed each year going to the person/s with the lowest taxable income in that year. One of the downsides is that a Trust cannot distribute losses to individuals. Losses can only be used by the entity itself.

A Hybrid Trust is a Trust that has fixed capital units (ownership shares) and discretionary Income capability. These are becoming more popular as investment vehicles due the defined ownership of the capital invested and the ability to distribute income in a more flexible manner than with traditional Property Unit Trusts.

Some people do not use trusts as a property investment vehicle. If you would like to review your asset protection and tax planning situation we can refer you to one of our Strategic partners on our expert panel.

Call us today on 1300 727 586

Yours in property!