Author: IqNewsWire

Filing taxes is never the most exciting task, but when you’re in a partnership or running a joint business, it’s something you just have to get right. If you’re part of a business partnership, there are specific rules about how and when you need to file a partnership tax return, and getting it wrong can lead to penalties or missed opportunities. So, when do you actually need to file? And how can you ensure everything is in order? When Do You Need to File Partnership Tax Return? The deadline for submitting your partnership tax return depends on how you file…

When you start investing in property, particularly through a Special Purpose Vehicle (SPV), you likely have a long-term strategy in mind. However, as your property portfolio grows, thinking ahead about how you’ll eventually exit the business, whether by selling or passing it on to others, becomes crucial. Setting up your SPV with a clear exit strategy in mind can ensure that when the time comes, the transition is smooth, efficient, and financially beneficial. In this article, we’ll look at the key things to consider when forming your property SPV with an eventual exit in mind, including how to structure your…