by Investment Plus Accounting Group | Feb 20, 2023 | Capital Gains Tax (CGT), Property Investment, Property Investment Tips, Property Tax
A granny flat arrangement is a written agreement that gives an eligible person the right to occupy a property for life. Ordinarily, an arrangement like this may trigger CGT because it is the creation of a contractual or other right (CGT Event D1). From 1 July 2021,...
by Investment Plus Accounting Group | Feb 20, 2023 | Business, Business Advisory, How To, Small Business
A business can find itself on an incredible growth trajectory, where enthusiasm and motivation are high, revenue is booming and opportunity is endless, only to be completely wiped out by a legal landmine that goes off when the owners least expect it. This is the...
by Investment Plus Accounting Group | Feb 2, 2023 | Property Investment, Property Investment Tips, Tax & Accounting
It’s easy to see why property investment is a tried and tested way of building wealth in Australia. Firstly, history tells us that Australian property prices go up in the long term, despite the occasional fall. So there are great, inflation-busting returns on offer,...
by Investment Plus Accounting Group | Feb 2, 2023 | Property Investment, Property Investment Tips, Tax & Accounting
The fundamental objective of property investment is wealth creation, achieved through a combination of income and capital growth. Investment property is real estate that’s bought with the aim of earning some kind of financial return. This return can be rental...
by Investment Plus Accounting Group | Feb 2, 2023 | Cashflow, How To, Money Saving Tips
Four weeks into the New Year, many of us are on the journey to try and stick to our new year’s resolutions of exercise more, lose weight, drink less, quit smoking but with the Xmas credit card bills due soon and with the cost of living crises and further price...