How can a Property Tax Specialist help me?
Investing in property to build wealth includes navigating complex tax laws and reporting requirements to ensure you get the best financial outcomes. But you don’t have to do it alone. A property tax accountant is an experienced advisor with enhanced knowledge and understanding of property and tax. This enables them to provide expert taxation advice including structuring ownership of property portfolios to meet the needs of investors.
When should I speak to a Property Tax Specialist?
To avoid costly mistakes, it’s recommended that you seek advice while evaluating a buy, hold or sell transaction. Decisions around property ownership and loan structures can significantly impact financial outcomes. Speaking to our team before starting your property search will give us a chance to get to know you. By understanding your financial situation and future goals, we’ll provide considered and specific advice for your circumstances.
Free guide – Tax Effective Investment Structures
Investing in property without careful planning could mean you end up missing out on deductions, losing money when you sell, or facing an unexpected tax bill. Structuring property ownership and loans to maximise returns, while minimising tax and risk are the keys to successful property investing. Our free guide gives you more information about how tax effective structuring can make a difference to your investment strategy.
3 steps to success
Property tax insights
Shukri Barbara has been my accountant for nearly 10 years. He has extensive expertise in the areas of property investment and family trusts. I find his advice quite handy, he doesn’t limit himself to the accounting aspects of my financial situation. But instead, he takes a more holistic approach where he also considers other aspects, such as potential returns of future projects, risk management, finance needs, family and estate planning, other asset classes such as shares, etc. In your typical property investment team, where you would have buyer’s agents, real estate agents, property managers, brokers, etc., normally it is your accountant the one team member that you trust the most for critical decisions. It is important to have an accountant that is familiar with all the aspects of the equation, so that you can make the most out of his advice. Shukri has helped me structure my investments, in a way that reduces tax expenses, while at the same time complying with all the regulations from ATO and the government.
Property Tax Specialist were engaged to advise us on a tax effective structuring of an investment loan. Shruki’s knowledge of Family Trusts, investment taxation law and our personal income situation ensured we set up the financing, ownership titles and contracts correctly from the start in order to minimise future Capital Gains Tax. Thank you for helping steer us in the right direction!
Shukri Barbara is a Limited Authorised Representative # 1240351 of Merit Wealth Pty Ltd, Australian Financial Services Licence 409361, ABN 89 125 557 002. Shukri is also a member of the Property Investment Professionals Australia. Shukri is a member of the Australian Tax Institute.
Amir Ishak is a Limited Authorised Representative # 1269908 of Merit Wealth Pty Ltd, Australian Financial Services Licence 409361, ABN 89 125 557 002