Property is most people’s largest asset, so the advice around it, before you buy, while you own, and when you sell, matters as much as the transaction itself. We advise on due diligence, ownership structures, commercial property acquisitions and your rights and obligations as an owner. We act from our offices in Newcastle, for clients across the Hunter and NSW.
How we help
We give you the information and structure to make sound property decisions. We:
- Run pre-purchase legal due diligence and review the contract before you sign.
- Advise on how to hold property: individually, jointly, through a trust, company or SMSF.
- Advise on commercial property acquisitions, including leases, GST and environmental risk.
- Advise on your rights and obligations as an owner, landlord or vendor.
Why clients choose Mullane Lindsay
Our property work is led by Michael McGrath, with experience across residential and commercial property and the tax and duty issues that come with it. Backed by the firm since 1976, we work with your accountant or adviser so the legal structure fits your investment goals from the outset, because restructuring later is costly.
How should you hold property?
The right structure depends on your goals, tax position and need for asset protection. Individual ownership is simple and accesses the CGT discount and negative gearing but offers no asset protection. A discretionary trust offers protection and flexibility but not the CGT discount in its own right. A company is taxed at a flat rate without the discount. An SMSF can hold property under strict rules. We advise alongside your accountant and get the structure right from the start.
