Mr Taxman
Change the way you feel about taxes.
Get informed and discover what the taxman doesn't want you to know.
Sharing it with Australia, Mr Taxman is a regular Woman’s Day columist and TV finance commentator
  • click to visit Mr Taxman on Twitter
  • click to visit Mr Taxman on FaceBook
  • rss
Reader question: My wife and I are interested in buying an investment property. My wife makes $30k a year and I make $65k year. Is it better to buy the property just on my name for tax purposes or do it together with my wife?

Do I stay or do I go?

Dec 19, 2012

Reader question: I am trying to figure out what to do regarding a current investment property, This is my scenario: I and my wife currently live in a rental property for which we pay $325 per week. I have owned another property I bought in June 2009 @ $413,000 I suspect it ...
Reader question: I'm currently building my 2nd investment property which is due for completion in Feb, both properties were purchased in my name and provide great tax advantages. I plan to buy another investment property in early 2012 and I'm wondering if I should be looking towards asset protection and setting up a trust. If so what type of trust is best for property investment?

Renovating structure

Dec 16, 2012

Reader question: I’m planning to move into the renovate to sell strategy, and was wondering what structure I should use to make the purchases (company, family, individual, etc.). Are there CGT savings that I can make by using a company structure, for example, as opposed to doing the reno and sell as an individual? I’m also aware that reno to sell is higher risk than buy and hold, so is there a structure I can use that provides me with more protection than buying as an individual?
Reader question: We purchased a house with our son 8 years ago. We rented it out for 4 years and then my son moved in but we (my husband and I) continued to receive rent from some of the bedrooms my son rented out to cover our mortgage. We have now sold our 50% share to our daughter-in-law so now my son and his wife own the house and are living in it. They plan to live there for quite a few years and renovate it. How does Capital Gains affect him once he sells it (maybe in 10 years)?
Previous 1 2 3 4 5 Next 

Media Availability

Are you interested in booking Mr Taxman for a speaking engagement or requesting his viewpoints for an article?

comments-rhsLatest Comments

  • "My husband left me for a younger woman and I was devastated. It was as if she had him under an evil spell, Paul turned against me overnight without any warning. It happened last year, I was desperate..."

    By: Wendy at Nov 17, 2018 12:09AM

    Post: Marriage

  • "Do You Need A Personal Loan Or Business Loans? If Yes contact Us Via Email: ken.inv@bellair.net for more details."

    By: Ken Inv at Nov 15, 2018 4:32AM

    Post: Tax is key in the new-versus-old property debate for investors

  • " DO YOU NEED A LOAN? CONTACT US NOW FOR ANY KIND OF LOAN AT A LOW INTEREST OF 2%.( stephenswillsloan@gmail.com ) Our loans are well insured for maximum security is our priority, Our leading goal..."

    By: stephen williams at Nov 14, 2018 7:00PM

    Post: Do your tax in under 30 minutes, then spend the refund wisely

  • " DO YOU NEED A LOAN? CONTACT US NOW FOR ANY KIND OF LOAN AT A LOW INTEREST OF 2%.( stephenswillsloan@gmail.com ) Our loans are well insured for maximum security is our priority, Our leading goal..."

    By: stephen williams at Nov 14, 2018 6:59PM

    Post: Do your tax in under 30 minutes, then spend the refund wisely

  • " DO YOU NEED A LOAN? CONTACT US NOW FOR ANY KIND OF LOAN AT A LOW INTEREST OF 2%.( stephenswillsloan@gmail.com ) Our loans are well insured for maximum security is our priority, Our leading goal..."

    By: stephen williams at Nov 14, 2018 6:58PM

    Post: FASEA tipped to scrap 10-year rule