Paul@PAS's Recent Activity

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  1. Paul@PAS replied to the thread Dumping of hazardous chemicals by neighbour.

    Council are responsible for policing under the Protection of the Environment Operations Act 1997, called the POEO Act. Along with EPA...

    3rd May, 2024 at 4:47 PM

  2. Paul@PAS attached a file to the thread Town House in Quakers Hill.

    That property backs a very busy road and enters a very busy intersection. I suspect that may have been the issue. Creation of a...

    upload_2024-5-3_16-16-50.png upload_2024-5-3_16-17-29.png upload_2024-5-3_16-18-2.png 3rd May, 2024 at 4:18 PM

  3. Paul@PAS replied to the thread Forcing a house sale with a sibling.

    I regularly find myself having discussions with family who face decisions when mum or dad die. Property is left to them. The...

    3rd May, 2024 at 3:19 PM

  4. Paul@PAS replied to the thread Bare trust with individual trustee.

    SMSF loans have a number of flaws that many dont consider. Just because you can, doesnt make it a great idea. Its why many lenders ask...

    3rd May, 2024 at 2:06 PM

  5. Paul@PAS replied to the thread Chopping up a house into ten bedrooms and renting to uber drivers.

    Its not just illegal its a serious series of offences. 1. Uninsured 2. Criminal responsibility if a fire occurs 3. OSR and illegal...

    3rd May, 2024 at 1:03 PM

  6. Paul@PAS replied to the thread What troubles you most about the Australian Tax System?.

    Taxes have been endlessly fiddled with since feudal days. The Lord of The Manor would assess the pheasants on their crops and livestock...

    3rd May, 2024 at 11:31 AM

  7. Paul@PAS replied to the thread Duplex development Epping NSW.

    A dupex build on a former home site may be a unwise CGT outcome. There may be no past recognition of the main residence exemption as...

    3rd May, 2024 at 11:16 AM

  8. Paul@PAS replied to the thread Neg gearing - Borrowing in personal name and Title is PTY.

    The ATO are very simple on this issue. The BORROWER must lawfully have a obligation to incur interest. A written legal loan agreemnet...

    3rd May, 2024 at 11:03 AM

  9. Paul@PAS replied to the thread Unauthorised entry.

    I would want to know HOW they got access. During construction locks are generally constructed keyed OR electronic. Physical kes of the...

    3rd May, 2024 at 9:40 AM

  10. Paul@PAS replied to the thread Delisted Shares on ASX.

    In such a case the delisted company still exists. It is just not listed on the ASX. Its also common to find a foreign company acquires a...

    3rd May, 2024 at 9:33 AM

  11. Paul@PAS replied to the thread Investment property in a trust - tax related questions.

    And this is why accountants dont practice law. That could end in major issues. Any accountant who has a OSR / Tax Office challenge to if...

    3rd May, 2024 at 9:20 AM

  12. Paul@PAS replied to the thread What troubles you most about the Australian Tax System?.

    Around 1999 the Howard Govt had plans to slim the 1997 Act by removing old legislation and references. It became a HUGE task and didnt...

    3rd May, 2024 at 9:12 AM

  13. Paul@PAS replied to the thread Negative cashflow in trust.

    The matter of potential losses should have been consdered in the plan to use atrust. I can recall for YEARSI would caution clinets...

    3rd May, 2024 at 8:58 AM

  14. Paul@PAS replied to the thread Tax Tip 506: Claiming Interest During Construction.

    If the intention is to rent the completed dwelling as soon as practicable after completion then, Yes. In the case of a taxpayer who...

    3rd May, 2024 at 8:56 AM

  15. Paul@PAS replied to the thread Have you got time to do a Chivalry survey.

    I dont even like chives.

    2nd May, 2024 at 5:07 PM
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