Hi - my husband and i have dabbled in property developments of which i have paid the tax personally in my own name and paid a lot of tax. what would be the best way forward in setting up the structure... (can't have the income split to my husband over the next couple of years)
we want to buy land (with or without permits) engage a builder - sell the units - move on. minimise tax payments preferably on profits. possibly retain some property in our superfund - as our superfund balance increases.
advice would be appreciated.
we want to buy land (with or without permits) engage a builder - sell the units - move on. minimise tax payments preferably on profits. possibly retain some property in our superfund - as our superfund balance increases.
advice would be appreciated.