She Renovates

192 - Why A Property Specific Accountant Is Essential To Renovating with Brian Goodridge

Informações:

Synopsis

“if I set up a structure today for someone and then they go and change their mind cuz they're a bit wishy-washy on the strategy and they do something different once that property's sold or if they keep it or whatever they end up doing, we can end up with an adverse tax outcome, which is not ideal.” -Brian Goodridge EPISODE HIGHLIGHTS: 00:00 Intro 00:24 Brian Goodridge of Goodridge Advisory 04:15 Why you need an accountant to help you buy a property 07:01 The first protocol for joint ventures and self-managed super funds 08:33 What are mistakes that renovators can avoid, by getting the right advice from an accountant? 10:26 Joint ventures and partnership agreements 12:57 Joint ventures is like getting married 14:04 The importance of the basics 18:01 Don’t buy a property you haven’t seen yet 22:10 The more work you put into it, the more likely you are to be successful Resources The School Of Renovating https://www.theschoolofrenovating.com/ Brian Goodridge https://goodridgeadvisory.