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We’ve got a cracker of an interview in this episode. Kaz talks to accountant Noel May from Noel May & Associates. Noel has over 30 years of experience as a senior partner with a major accounting and taxation firm. We both took away some awesome points from this interview which have already spurred us into action. So make sure you listen carefully as this sort of knowledge is extremely valuable.
Noel is based in Melbourne and has said that he would be very pleased to help out members of the Everyday Property Investing community, so if you are looking for solid accounting advice, then get in contact with Noel.
Key points we talk about:
- When you should see an accountant
- What sorts of questions you should be asking an accountant
- Structures in which to purchase property – pros and cons
- Capital Gains Tax
We also hear 2011 property goals from Everyday Property Investing listener, Ruth, and share some quick tips with you to get your finances down on paper.
Things we mention:
Actions:
- Get your finances down on paper
- Find a good accountant and go see them to talk about your long term property goals and how to achieve them
View the transcript here (Coming Soon)