Forums / Getting Technical / Legal & Accounting / Melbourne – Need Good Property Accountant

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  • Profile photo of PandaQiQiPandaQiQi
    Member
    @pandaqiqi
    Join Date: 2007
    Post Count: 12

    <font face=”arial,helvetica,sans-serif” size=”2″>
    Hi all,

    I'm a newbie to this site but already enjoy reading from this forum.I have a BIG favour to ask. Does anyone know of a good property accountant in Melbourne? 

    I have started my investment portfolio few years ago but only start reading books on Property Investment recently. I have a family accountant who doesn't like giving advice and who hates the idea of setting up trust. 

    Here are my current situation and I really need help to get the structure right before is too late

    1. I have a PROP value at $500K (owe 360K) and IP value at $320 (owe 250K) under my own name

    2. Started family partnership 6 years ago. We only buy CF+ commercial properties. I only have small portion in this portfolio but nevertheless is a starting point for me.

    The problem is I do not have any asset protection strategy in place and from my reading I don't think I should have done everything via my own name.

    I've been asking my family accountant for advice and he reckons setting up and maintaining a trust is very expensive and will eat up my return in long run. Anyway, took me a good 12 months to convince my family to stop using him (he's a close friend of my uncle)

    Now I desperately need to find a good property accountant. I'm 27 so I guess I still have time to reverse and learn from my mistakes.

    Thanks in advance for the help.

    Panda </font>

    Profile photo of HutchHutch
    Member
    @hutch
    Join Date: 2004
    Post Count: 137

    hi Panda
    MJ Unwin & Associates in Kew can help in these areas.
    PH: 9854 6317
    EM: [email protected]

    Cheers
    Hutch

    Profile photo of orien100orien100
    Member
    @orien100
    Join Date: 2006
    Post Count: 27

    Hi Panda

    I would support Hutch's recommendation.  This forum directed me to Mark at MJ Unwin a little while back, and I have found him to be excellent!!  Knows his stuff and has great customer service too

    Profile photo of PandaQiQiPandaQiQi
    Member
    @pandaqiqi
    Join Date: 2007
    Post Count: 12

    Thanks guys

    Really appreciated

    Profile photo of NonnieENonnieE
    Member
    @nonniee
    Join Date: 2004
    Post Count: 44

    Hi all,

    Could any one recommend a good property investment accountant out near Frankston, VIC?  I'm just starting out and need some good advice on how to set up.

    Thanks

    NonnieE

    Profile photo of d_robb21d_robb21
    Member
    @d_robb21
    Join Date: 2006
    Post Count: 101

    Hi Panda,

    I use Michael Diamond of Diamond Partners, they're in Caulfield. I'll dig up their contact details when I get home and post.

    Dave.

    Profile photo of PandaQiQiPandaQiQi
    Member
    @pandaqiqi
    Join Date: 2007
    Post Count: 12
    Profile photo of propertypowerpropertypower
    Member
    @propertypower
    Join Date: 2006
    Post Count: 312

    Try Nancy Keep from Nancy Keep & Associates
    http://www.nancykeep.com.au
    03 9544 9577
    I have used her for more than 6 years and she is excellent with properties. She is a property investor herself.

    Profile photo of bennidobennido
    Participant
    @bennido
    Join Date: 2004
    Post Count: 195

    Anyone know of a good accountant on the west side of Melbourne ?
    Even somewhere around the city is good too.

    Kew, Mt Waverley, etc is kind of far. Thanks !

    Profile photo of kenzelkenzel
    Member
    @kenzel
    Join Date: 2007
    Post Count: 51

    "Anyone know of a good accountant on the west side of Melbourne ?"

    Ditto. If anyone has recommendations for a reliable property accountant on the west side please post :)

    Profile photo of frosty1frosty1
    Member
    @frosty1
    Join Date: 2007
    Post Count: 61

    hi all,
    i also would be keen to know if anyone can recomend a good property accountant  in the LATROBE VALLEY  (TRARALGON) area, or anywhere in gippsland.

    thanks,
    frosty1

    Profile photo of bennidobennido
    Participant
    @bennido
    Join Date: 2004
    Post Count: 195

    No good accountants out west ?? lol … :)

    Profile photo of kenzelkenzel
    Member
    @kenzel
    Join Date: 2007
    Post Count: 51

    Why are all the highly regarded property investor type accountants all in kew?

    * rolls up sleeve * well if thats what it takes that's what it takes – * taking car to petrol station to fuel up *

    Profile photo of kenzelkenzel
    Member
    @kenzel
    Join Date: 2007
    Post Count: 51

    Does Nancy Keep work on weekends and is an appointment required?

    Profile photo of chinadoll80chinadoll80
    Participant
    @chinadoll80
    Join Date: 2010
    Post Count: 5

    Hi All,

    I used an amazing accountant located in Richmond.  David Brandi and Brandi & Co.  They knew their stuff especially when it came to my property investments and how to minimise my tax.  I reckon give him a try.

    Profile photo of audeaude
    Participant
    @aude
    Join Date: 2010
    Post Count: 3
    chinadoll80 wrote:
    Hi All,

    I used an amazing accountant located in Richmond.  David Brandi and Brandi & Co.  They knew their stuff especially when it came to my property investments and how to minimise my tax.  I reckon give him a try.

     Consumer Warning – David Brandi
    http://www.consumer-warning.com/david_brandi.htm

    Profile photo of socrates0177@hotmail.com[email protected]
    Member
    @socrates0177-hotmail.com
    Join Date: 2010
    Post Count: 3

    Hi,
    Its been asked, but could any one recommend an excellent property investment accountant out near Frankston, VIC? much appreciate anyone's assistance

    Profile photo of AM2778AM2778
    Participant
    @am2778
    Join Date: 2010
    Post Count: 48

    I have been on the lookout for a good reference for really good Property Tax Accountant in the Western Suburbs of Melbourne.
    Surely, somebody can recommend a good Tax Accountant

    Profile photo of keren_mx5keren_mx5
    Participant
    @keren_mx5
    Join Date: 2010
    Post Count: 17

    Interesting stuff…

    How about good refences for a good property tax accountant around the city of melbourne or near south yarra end?
    I am also looking..

    Profile photo of reggie5005reggie5005
    Member
    @reggie5005
    Join Date: 2010
    Post Count: 28

    I use Stuart Smith, been with him for 10 years

    Level 1, 123 York Street
    South Melbourne Vic 3205
    tel: 03 9682 8966
    fax: 03 9682 8766
    mobile: 0409 788 399
    [email protected]

    Knows his stuff….

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