Books / Links

Prowealth believes you should never stop your financial education. As such, we more than happy to recommend the following books and web links to you - after all, we gain a lot of our own knowledge from reading the latest finance and property books as well as attending numerous seminars and trade shows to bring you the latest news.

1515 Tax Variation form

For all of our clients that own one or more investment property, it is that time again to lodge your Income Tax Withholding Variation Forms for the Financial Year 2008/2009.

Prowealth no longer prepares 1515 forms for clients. You can complete your 1515 variation online via the ATO website, or alternatively your accountant can process your application for you. If you have bought your investment properties in a Trust Name you will need to see your accountant to process your Income Tax Withholding Variation Form.

ATO Website

BMT and Assoc Quantity Surveyors

BMT & ASSOC is a firm of quantity surveyors who specialise in providing a service oriented and energetic approach to construction finance and tax depreciation reporting.
BMT & ASSOC are experts in both property tax depreciation & construction cost estimations. If you have any questions please do not hesitate to contact a member of staff on 1300 728 726
If you need a Depreciation Schedule, download the form using the link below.

Get formGo to website

How to legally reduce your tax

Author: Tony Melvin, Ed Chan
Discover how the rich use company and trust structures to protect their assets and minimise their tax.
Where can the everyday Australian go to learn about asset protection and structuring? Tony & Ed point out that no means of public education exists for those who want to learn how the rich do it, and that's why they wrote this book.
With tax legislation becoming more complex, Tony & Ed have simplified and summarised the important points so that anyone who wants to learn now has the opportunity.
Here's a taste of what's inside the book ...
The difference between a company structure and a trust.
The 7 different types of trusts and how to use them.
Why you should rarely buy an investment in your own name.
How to protect your assets from lawsuits, taxes and creditors.
How to maximise the tax benefits of your investments.
How you can pass your wealth onto your children and have it protected for generations.
How to protect your business assets.
That tax is a game which can be played by everyone, not just the rich.

How to control your super

Author: Tony Melvin, Ed Chan
After the success of their first book, How to Legally Reduce Your Tax ... Without losing any money! Tony and Ed are back with another yet simple explanation but this time it's what the everyday Australian can do with their own super money.
Ed & Tony cover the basics of Self-Managed Superannuation Funds (SMSF), how you can set up your own fund, invest the money and pay yourself a pension in retirement. Whether just starting out or about to retire this book highlights the benefits of controlling your super now.
Here's a taste of what's inside ...
How to invest in domestic and international shares, property and any managed fund of your choice.
How you can immediately eliminate fund managers fees
How to pay for life insurance with your super fund.
Benefit from knowing exactly where your super money is, how much you've got and what return you're getting.
How to purchase residential property using an SMSF
How to purchase commercial or industrial property

How to grow a multi-million dollar property portfolio

Author: Michael Yardney
When Michael founded Metropole Properties in 1979 he had already been a property investor for many years. Since then Michael has been involved in all facets of the development of residential, commercial and industrial property.
More recently Michael has written this book How to Grow a Multi Million Dollar Property Portfolio - in your spare time ... written both for beginners as well as advanced property investors and explains how our next property boom will be Australia's biggest property boom and possibly our last big boom.
This is supported by strong demographic evidence that also highlights our next major growth regions.
The author details the most important things investors must know to take advantage of the next property boom