Hello i would like to hear from melbourne investors as to whom they get there tax done by my portfolio is starting to get larger and i want to be sure I’m paying the correct tax and not a cent more any recommendation ?
Hi Keith –
There will not be a set fee a accountant charges. Generally the fee will depend on time taken and of course the structure used and the number of properties involved. Generally, the accountant won’t tell you the fee upfront, but if you are feeling you are not getting bang for your buck, then challenge the accountant or as your doing here seek a second opinion. You can generally obtain a quick free consultation and see if your current accountant is missing something. What I will say, your accountant/ tax advisor will be a ‘partner’ in your property journey, you would want to feel they have property themselves and know their stuff. Otherwise they may not be like minded.
Cheers Ivan
Redwood | REDWOOD | SMSF | PROPERTY | FINANCE
http://redwoodadvisory.com.au
Email Me | Phone MeSMSF - PROPERTY INVESTMENT - WEALTH CREATION AND FINANCE SOLUTIONS
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