Expanding property assets

The issue

Wanting to buy their new dream home and keep their former home, we provided a solution that enabled this client to achieve this wish whilst saving nearly $100k in indirect taxes.

The journey

We worked together with this client to build a financial model to determine whether they could continue owning their existing home and buy their new dream home. Throughout this process we listening carefully to their precise aspirations and found a solution that fitted in with their plans, even after they went against our original advice, which provided a saving of nearly $100k in indirect taxes. 

We worked closely with the client and engaged a property lawyer to ensure our reasoning and understanding of the law was correct, such that our plan would work.

The emotion

The client was attached to the idea that they wanted and could keep their current home whilst buying their new dream home. Whilst our original advice was that they should probably sell their current home to allow them to buy their new one, they went against this advice. We then adapted to this decision and found an avenue to save them significant savings in fulfilling their dream.

The outcome

Partnering with clients and adapting to their needs and aspirations to find the best possible outcomes for them even when they are not part of our initial thoughts.