PropertyInvesting.com | Sunnycoastinvestor | Activity https://www.propertyinvesting.com/members/sunnycoastinvestor/activity/ Activity feed for Sunnycoastinvestor. Wed, 15 Apr 2026 08:31:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ddf32ae1673030b2abdf9a3e1d424ee6 Sunnycoastinvestor replied to the topic Asset depreciation on IP owned by Company Trust in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410805-asset-depreciation-on-ip-owned-by-company-trust/#post-4699883 Tue, 11 Mar 2014 09:06:26 +0000 Hi Welman,

I don't know much about that particular type of trust so in your case it would be best to speak to Chan and Naylor directly.  I know they are one of the leading accounting firms in Australia who specialize in property, however I have no idea as to how their prices compare to other accounting firms.

Good luck

]]> 67eea32a67eb13ba4c8f655af7d80d33 Sunnycoastinvestor replied to the topic Tax Amendments - Seeking Accountant in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410804-tax-amendments-seeking-accountant/#post-4699877 Mon, 10 Mar 2014 12:19:22 +0000 Hi Wealthyjvd,

Firstly, everyone's circumstances may be different, what I put below may not apply to you and it would be best to speak to your accountant.

To get clarity on your situation, what was your intention with the property? Were you intending to develop a property and hold it as an investment property receiving income for a number of…[Read more]

]]> af863e14733c2dd66b9ed657be51cc44 Sunnycoastinvestor replied to the topic Asset depreciation on IP owned by Company Trust in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410805-asset-depreciation-on-ip-owned-by-company-trust/#post-4699881 Mon, 10 Mar 2014 11:52:14 +0000 Hi Welman,

Trying to keep this simple, if you have a trust, the only way you can distribute from that trust is if there is a taxable profit in the trust.  If the trust has a loss, the loss is carried forward to a future year to be offset against any taxable income.

If for example your trust has some say dividend (franked) income of $15,000 and a…[Read more]

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