All Topics / Legal & Accounting / Tax: Do you pay/claim your spouse as a bookeeper or property manager?

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  • Profile photo of emptyvesselemptyvessel
    Member
    @emptyvessel
    Join Date: 2008
    Post Count: 170
    June 5, 2011 - 11:36 am

    Darn confusing. Thanks for helping me bounce some ideas around.

    I tried reading some of Chris's post, but about 95% of it went way over my head. I went on and read about the Land Tax Trusts they use and everything seems tied up with an SMSF transition strategy. I am not comfortable with my super being in property as well. I have been trying to keep Super as equities and outside super as property. But I guess once it gets big enough I can have both. More to consider! The complexity keeps piling up.

    And for some reason I can't access somersoft, keeps timing out. Will try again later.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    June 5, 2011 - 11:42 am

    Good idea to have shares too, especially in super as it is easier. But also good to have an option to transfer property to your superfunds later on too. Keeps your options open

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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