The Investment Property Mistake Business Owners Can't Undo

Want someone to look at where your next property should sit before you sign? Book a time with us here: https://cotchy.com.au/booking/ __ If you own a business and you're about to buy an investment property, most of the answer on which entity to buy in was decided when you set up your business years ago. In this video, I take you through the order I work through with clients. I start with whose name goes on the family home, then cover land tax across trusts, and finish with why moving a $250,000 deposit out of your company the wrong way can cost you around $73,000 in top-up tax. __ Cotchy is a Melbourne-based CPA firm helping growing Australian businesses get their tax, structuring, bookkeeping, compliance and Virtual CFO support sorted in one place. This channel is where co-founders Pat Mannix and Vishal Devle, and the wider Cotchy team, break down the strategies we actually use with clients turning over between $1 million and $30 million. Pat has spent more than 35 years advising Australian business owners, and Vishal is the co-founder most clients meet when they come on board. __ CONNECT WTH US Website: https://cotchy.com.au Instagram:   / cotchy.com.au   LinkedIn:   / cotchy   Facebook:   / cotchy.com.au   __ Video produced by: Social Wave https://www.socialwave.com.au/ DISCLAIMER: The information in this video is general in nature and does not take into account your personal circumstances, objectives or financial situation. It is not personal financial, tax, legal or investment advice, and you should not act on it without getting advice tailored to your own situation from a qualified professional. Tax laws change, and some of what is discussed may be based on proposed legislation that is not yet law. Cotchy Pty Ltd (ABN 96 633 381 754) is a CPA practice. Liability limited by a scheme approved under Professional Standards Legislation.