The Right Structure: Tax,GST & the Margin Scheme(Nav Accts) + 3 Subd(Bec&Justin)
Details
***RSVP PROCESS - CRITICAL INFO***
Please be aware, we don't use the Meetup website to take RSVPs, so you will need to register on this link to lock in your place (bookings essential) - https://propdev.info/ufCJc
We run events most weekends around Australia so you can attend either physically in your local area, or live-stream to any event around the country.
In-Person: 1:30pm (Perth time) to 'Mingle With The Expert'
Virtual: 2pm (Perth time)
INTRODUCING THE INDUSTRY EXPERT:
The Right Structure: Tax, GST & the Margin Scheme! Nav Accountants (Nitin Vashisht)
You’ve found the perfect development site.
The feasibility works.
You’re ready to sign the contract…
Then someone asks:
"Have you bought it in the right structure?"
Suddenly, you're questioning everything.
Should you buy it in your own name?
A company?
A trust?
A joint venture?
Get it wrong, and you could pay more tax than necessary, miss valuable GST opportunities, lose the benefits of the Margin Scheme, or expose yourself to unnecessary risk.
The worst part?
Many of these decisions can't be fixed after you've settled.
By then, the damage is already done.
Here's the reality:
Most mum and dad property developers don't lose money because they bought the wrong site...
They lose it because they didn't structure the deal correctly from the very beginning.
That's why you need to hear from Nitin Vashisht from Nav Accounting.
In this session, you'll discover:
• How to choose the right ownership structure for your next development
• When companies, trusts and other entities may (or may not) be appropriate
• How GST applies to property developments
• How the Margin Scheme works and when you can use it
• The common structuring mistakes that cost developers thousands
And most importantly...
How to set your project up correctly before you buy the site, so you can maximise your profits and avoid expensive tax mistakes later.
Don't miss this session! It could be the difference between keeping more of your development profit... or handing it over unnecessarily.
Come along with your notebook and pen and get ready to accelerate your knowledge today!
INTRODUCING THE REAL DEAL:
1 Into 3 Subdivision (Bec & Justin Thomas)
1383m2, Collie, Western Australia
How do you complete a subdivision... without paying for the land upfront?
The truth is...
Some of the best development deals aren't just about finding the right site they're about structuring the deal the right way.
Most developers tie up hundreds of thousands of dollars in land before they even begin creating value. But with the right acquisition strategy, you can reduce your upfront capital, improve your cash flow, and give yourself a much better chance of making the numbers work.
At our next Property Developer Network Meetup, Justin and Bec Thomas will take you behind the scenes of a subdivision project where a creative acquisition strategy made all the difference in this month's Real Deal presentation.
By negotiating a delayed settlement and building a strong relationship with the vendor, they didn't have to pay for the land until settlement. Instead, they were able to fund the subdivision works along the way, while the vendor even arranged for the trees on the site to be removed saving both time and money.
But this project was far from smooth sailing.
Justin and Bec will share:
• How they structured a delayed settlement to minimise upfront capital
• Why building the right relationship with the vendor created unexpected opportunities
• The challenges of selling lots with virtually no comparable sales evidence
• How delays from Western Power, contractors and council impacted the project
• The funding pressures that forced them to raise private debt to complete the settlement
• The unexpected hurdles, including asbestos, changing regulations and vendor requirements
This is a genuine, behind-the-scenes case study that proves even a relatively small project can deliver some of the biggest lessons you'll ever learn.
If you're looking for smarter ways to structure development deals, reduce the amount of cash you need upfront, and hear the real story behind the challenges every developer faces, this is one Real Deal presentation you won't want to miss.
Push your journey forward and come in-person to network with like-minded Developers!
See you all soon!
