Hi there,
I've just had a phone call from my brother telling me his accountatnt has said that we need to form a partnership before he can file a tax return. does that make sense to anyone?
situation:
2 properties.
each property is 50% owned in my brothers family trust
i am NOT a setlor, trustee or benificiary
the other 50% of each is in my personal name (reasons in a prevoius thread)
aparently his accountant says he needs to show the whole entity that the claim of half relates to.
with the 7th july deadline aproaching I really need to get to the bottom of this asap. any and all help greatly appreciated.
regards
Rhys.
I've just had a phone call from my brother telling me his accountatnt has said that we need to form a partnership before he can file a tax return. does that make sense to anyone?
situation:
2 properties.
each property is 50% owned in my brothers family trust
i am NOT a setlor, trustee or benificiary
the other 50% of each is in my personal name (reasons in a prevoius thread)
aparently his accountant says he needs to show the whole entity that the claim of half relates to.
with the 7th july deadline aproaching I really need to get to the bottom of this asap. any and all help greatly appreciated.
regards
Rhys.
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