Tenancy – being your own landlord

Bill is very excited; he has been thrifty and has now been able to purchase an investment property. The house is quite old but a very solid 3 bedroom double brick home in pretty good condition. In order to save costs, Bill has decided to look after the...

Present pain and future property

You do a lot of work with Samantha, a local accountant, so are not surprised when she calls to say she has a group of clients who are pooling their resources to buy a country property called ”Last Retreat” located not so far from the town in which you live...

Market value and GST

It’s 6pm and everyone is tired and emotional after a heated and acrimonious mediation between brothers Patrick and George. They’re arguing over a price for George’s shares in the family company that owns the old family farm in which Patrick, your client,...

Proposed changes to the Duties Act

A bill has recently been introduced to Parliament (State Revenue Legislation Further Amendment Bill 2014 [2014]) that proposes a number of changes to the Duties Act 1997. If passed, amendments to section 62A are of note regarding property transfers to SMSF....