The Penthouse Pet
Saturday, September 10, 2011 - 10:05
Bernie, one small dog on the Gold Coast, epitomises the fight over penthouse pets.
ALMOST seven years ago, I walked into the family home and announced,with a healthy dose of sarcasm, that I had reached the pinnacle of my professional career. I had just given expensive and complicated advice about…wait for it… a cat defecating on the common property of a strata scheme.
Onsite and Out of Mind
Saturday, September 10, 2011 - 09:35
What rights do you have when you buy into a community of properties that operate under management rights?
PROPERTY investors who purchase units, townhouses or a house in a gated community often engage with onsite managers or caretakers and onsite letting agents. This concept is broadly known as 'management rights'.
Australian Property Investor June 2011
Saturday, September 10, 2011 - 08:54
Enjoying a resort lifestyle while looking after other people’s properties could be rewarding for the right type of investor.
The Accountant's Perspective
Wednesday, September 7, 2011 - 13:48
Article by BAMR (Business Accountants & Management Rights)
As practicing accountants and CPA's with over twenty years experience, many of which are heavily involved with this industry, we would like to help guide you through the purchase, operation toward eventual sale of these businesses.
We believe that people contemplating any business should focus on the long term goals and we recommend that you consider the following steps in the process -
Accounting Matters
Wednesday, September 7, 2011 - 13:41
Prior to signing your contract, you need to give consideration as to using the right business structure.
It is extremely important that a purchaser of a business involved in the hospitality industry should seek taxation advice as to the best way in which the business should be acquired.
This will often mean establishing either a family trust, company or partnership. Which business structure is adopted is very much dependent upon the purchasers own circumstances. Each of these business structures has it's own advantages and disadvantages.
