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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>HutchMember@hutchJoin Date: 2004Post Count: 137orien100Member@orien100Join Date: 2006Post Count: 27
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
Really appreciatedNonnieEMember@nonnieeJoin Date: 2004Post Count: 44d_robb21Member@d_robb21Join Date: 2006Post Count: 101
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.propertypowerMember@propertypowerJoin Date: 2006Post Count: 312bennidoParticipant@bennidoJoin Date: 2004Post 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 !
"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 postfrosty1Member@frosty1Join Date: 2007Post Count: 61
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.
frosty1bennidoParticipant@bennidoJoin Date: 2004Post Count: 195
No good accountants out west ?? lol …
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 *
Does Nancy Keep work on weekends and is an appointment required?chinadoll80Participant@chinadoll80Join Date: 2010Post Count: 5audeParticipant@audeJoin Date: 2010Post Count: 3chinadoll80 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[email protected]Member@socrates0177-hotmail.comJoin Date: 2010Post Count: 3
Its been asked, but could any one recommend an excellent property investment accountant out near Frankston, VIC? much appreciate anyone's assistanceAM2778Participant@am2778Join Date: 2010Post 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 Accountantkeren_mx5Participant@keren_mx5Join Date: 2010Post Count: 17
How about good refences for a good property tax accountant around the city of melbourne or near south yarra end?
I am also looking..
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