The much talked about new Association Rules are back before Parliament and unfortunately for those in the business of dealing in or developing property or erecting buildings, the Bill has not been substantially changed. The new expanded definition of association has largely survived the Select..
Read ArticleA recent article by the NBR concerning the wilful trashing of the former family home of bankrupt Merlot Homes director Stuart Herron, which recently sold at mortgagee auction, raises some interesting issues. To summarise the story, in the four weeks between the auction hammer falling and..
Read ArticleAs a structuring advisor to investors and business people, one very common mistake with many business and property structures is a spouse being offered as a guarantor to the banks, landlords or creditors of a business. Their personal guarantee is often not required to get a deal done,..
Read ArticleAs accountants we are often asked, what can we do to manage our exposure of our affairs to banks, as we increase our business or property borrowing? There are lots of things you can do to reduce the effectiveness of bank securities and protect yourself..
Read ArticlePartnership really means two or more people or entities coming together in a common undertaking or enterprise. You can trade your partnership through various trading vehicles including companies/LAQC's, joint ventures, general partnership, special partnerships, limited partnerships, or Trusts. Each trading vehicle should have an agreement..
Read ArticleFirst of all with the OCR announcement this week, what about interest rates ? What will the banks do and what should be thinking about at present? You will remember in my last blog post I sent to you on interest rates just over a month..
Read ArticleIn a welcome development for taxpayers, the Minister of Revenue, Peter Dunne, has recommended to the Finance and Expenditure Select Committee considering the new associated persons rules ( for dealers in land, developers, and builders) that the implementation date of these rules be delayed. To..
Read ArticleAs I have said on several occasions, property and stock markets react much faster than local businesses to the bad news. The property sector and stock market wear the downside of recession very quickly, as does the entire supply chain underneath these sectors of the..
Read ArticleProperty School showed me what I can do now and what I can aspire to - lots of options regardless of your position. I really liked the practical examples. - VM, June 2018
If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.
Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.