All Topics / The Treasure Chest / Daves entity structuring diagram as per “W. S.R.”

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  • Profile photo of MichaelLongMichaelLong
    Participant
    @michaellong
    Join Date: 2002
    Post Count: 36

    Hi Steve,

    I was wondering whether you could possibly provide us with a paper/electronic copy of your entity structuring as per Daves presentation on the W.S.R. CD??? (Dave drew your entity structure up on the whiteboard!)
    I think that it would help all of us to further understand not only how you set your business up in order to gain the best legal protection, but also the timeframe in relation to the rate of growth, when putting such entity structuring in place!!!
    It would greatly assist with our understanding of the evolution of entity structuring.
    Hoping that you will be able to help us out,

    Kind Regards
    Michael…

    **ALL** Pls feel free to add your thoughts, and pls indicate as to whether this info would be of interest/assistance to you?!!

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636

    Would definitely help.Good idea.
    AD

    A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
    -Sydney Smith

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi Michael,

    Thanks for your post.

    This topic is now covered in much detail as part of the Masters seminar (about 26 pages of comprehensive notes!). It is also briefly covered in the Wrap Library.

    As such I don’t plan to recover it here and potentially dilute the value of those products. AD… you can look forward to receiving all the information in Sydney in November!

    However – I would say that the structure that we use is a company / trust multiple entity version.

    We look to replicate the structure when we feel that we have more to lose than the cost of setting up a new structure and maintaining it with tax returns, ASIC lodgement fees etc.

    Have an AWESOME day!

    Bye

    Steve McKnight

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636

    Thanks Steve,
    Must say that keen as mustard for November is an understatement. I am really looking forward to the event and all it holds in challenges. Hope all you others are coming !!
    Enjoy
    AD [:0)]

    A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
    -Sydney Smith

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