We discussed whether Bob should hold an investment property in a company or a trust.
Trust, trust, trust yells all the accountants.
Companies don’t get the discount you fool.
Agreed. And sometimes that decision is the right one.
But sometimes it is worth challenging the default position and asking “I wonder what would happen if events changed”
In this discussion Bob and Wendy have used a company to hold the asset and paid tax on the capital gain. “see mike they are almost $40k worse off”
ahhh , but are they ?
have a look at the scenario and maybe over 10 years Bob and Wendy are actually better off having thought outside of the norm. or do they have other issues ?
#realestate #construction #constructionaccountantmelbourne