We're a Certified Practicing Accountancy (CPA) practice with one major speciality: we look after property investors.

Of course, we handle all the usual kind of accounting work you’d expect of a long established CPA firm too.

But the majority of our clients come to us because of our expertise in managing property wealth and minimising property related tax.

The Paragon Building, Mulgrave

Our head office location: 799 Springvale Road, Mulgrave, Victoria.

MEET OUR DIRECTORS


Managing Director: Wilson Fung BCom, CPA, NTAA, DIP FP, MAICD.

Wilson Fung CEO House of Wealth

Wilson Fung's Memberships and Certifications

  • Certified Practicing Accountant
  • Diploma of Financial Planning
  • CPA Public Practice certificate holder
  • Member of the Australian Institute of Company Directors
  • Member of National Tax Accountants’ Association
  • Registered Tax Agent
  • Registered SMSF (Self Managed Super Fund) auditor.
  • Bachelor of Commerce

Wilson has notched up more than 20 years in public practice since his professional start with one of Australia’s leading accountancy firms.

During his early years he noticed many clients coming to him with property investment portfolios all had the same problem.

Their holdings had not been well structured for tax purposes. As such, they could not take advantage of tax reduction opportunities that would otherwise have been open to them.

Mistakes made at the time of purchasing meant much higher tax burdens for many of these investors, and greatly reduced profits.

In some cases, investors were handing back 40 - 45% of their gains to the ATO. This was deeply frustrating for Wilson and his clients. Better planning and structuring at the outset would have meant paying far less tax, and sometimes none at all.

Clearly there was a real need amongst property investors for professional planning and advice on structuring their holdings.

Since then, up-front planning and advice on structuring property investments has become a mainstay of Wilson’s work.

He is co-author of: Things Your Accountant Never Told You About Investing in Property.


Property Tax Specialist: Michael Armstrong BCom, MCom, MTax, CPA, Chartered Tax Adviser.

Michael Armstrong CPA, Chartered Tax Adviser

Michael Armstrong's Memberships and Certifications

  • Certified Practicing Accountant
  • Chartered Tax Adviser
  • Registered Tax Agent
  • Masters of Taxation
  • Masters of Commerce
  • Bachelor of Commerce

Michael is our property taxation specialist. His career spans more than 20 years and he’s been in public practice since 2004.

A Chartered Tax Adviser, Michael thrives on helping clients overcome big tax and structuring challenges.

He’s represented numerous high net worth clients in negotiations with The ATO’s Offshore Voluntary Disclosure Unit and Project Wickenby. In every one of those cases he’s achieved favourable outcomes for his clients.

A good deal of Michael’s focus during his time in public practice has been devoted to property investment and property development work.

Clients have ranged from mum and dad investors acquiring their first investment properties, to foreign corporations and developers of $100 million+ residential blocks and estates.

He has always been a keen observer of his clients' investment strategies.

Now, with several property cycles under his belt, he’s had a chance to learn firsthand which strategies pan out well and which ones don't.

He is co-author of: Things Your Accountant Never Told You About Investing in Property.