513 investment properties & tax: deductions, depreciation schedules, land tax, CGT, trusts + more
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How to Talk to Your Accountant About Buying Entity
When would a property investor start to have a conversation with their accountant around buying entity? So how early on in that process would they have that chat with someone like yourself? Probably depending on who the relationship is, my clients would approach me pretty early rather than after the fact. Usually it's a strategy that's been in play for 12 to 18 months, so I find before someone actually makes a purchase. Those should timeframe short and in recent years, because I think it was a lot of panic in the market when prices were going up and up and up,. people wanted to get in before it was too late.
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