Rejected Mortgage Application Rectified!
Your complex business structure sometimes might proof to be a hindrance in terms of home loan applications. This happened to one of my business owner clients who was already a sophisticated property investor when seeking to expand his investment portfolio.…
Moving overseas? Your sale of main residence could attract Capital Gains Tax!
As a foreign resident, if you dispose of your house after 30 June 2019, you will now be hit with Capital Gains Tax (CGT). That is the new tax clarification released by the Government’s Mid-Year Economic and Fiscal Outlook 2017-18…
A New Withholding Tax Nightmare on Property Purchases from 1 July 2016
Thinking about buying your dream home for $2million or more? Beware of the new tax rules required to meet your obligations and to avoid penalties below: New rules to prevent foreign residents avoiding tax when they selling their Australian property…
Foreigners Buying Australian Properties Have Come to The End?
“I’m so stressed. I have 9 properties settling in the next few weeks and none of the banks want to lend to foreigners, I don’t know what to do …” This message was from a friend of mine who’s also a…
