Property

Australian's love property and there's no denying that the tangibility of brick and mortar buildings are favoured amongst investors and home owners alike. With popularity comes ample scrutiny and watchful eyes of government bodies - the ATO and State Revenue Office to name a few. There are many ways in which clients can own and invest in property, with varying tax consequences and outcomes. 

We have dealt with many cases of property ownership, whether you are a holder of a passive residential or commercial property, wanting to acquire a property to run your business out of, buy, renovate and flip or even develop a property into multiple apartments, we are equipped to navigate the complex tax scenarios and help guide your property dealings in the best possible way. We also want to assist in being the voice of our clients, with our very own Joy, who is a advocate spokesperson on the Tax Committee of the Property Council of Victoria.

Property transactions can involve many tax issues, throughout the ownership period, including stamp duty exemptions, land tax, capital gains tax, GST and margin scheme calculations as well as withholding obligations for foreign investors, all of which can be managed and advised by our practice. We also tap into our robust network of property advocates, mortgage brokers, real estate agents and other industry specific clients who can help in finding, managing and supporting your property projects.

Joy Jensen is allied with the Property Council of Victoria, Chartered Accountants Australia and our direct and diverse property client base to keep informed on the always evolving property industry.