Forum Replies Created
Hi Terry,
Thank you for your response.
Reagrds
Amir
Hi Steve,
Thank you again.
I have some good contacts now and will be able to start with information gathering and getting advise from experts now. The good news is that the picture in my head is getting more clear everyday.
Cheers
Amir
Hi Terry,
Thank you for the information.
Are you able to help me to structure my trust? It seems that you are an a professional in this area.
I sent you an email to [email protected] yesterday but unfortunately didn’t hear anything back.
Regards
Amir
Steve,
Thank you for the great information on CGT.
As I am more interested in 1,2,3 &5 I believe trust works much better for me.
I will absolutely think more about the strategy to get more clarity as you advised.
Here is a great source of information. Will definitely spend more time here from now on. Thank you.
Regards
Amir
Hi Steve,
Thank you for your response.
My investing objective is not to only save tax by using negatively geared properties and buy and hold with hope of price increase in long term. I am trying to generate lump sump in short term (1year or less) by finding properties with subdivision/renovation potential and resell to increase my investing capacity and use the cash to buy again.
That’s why I need a good structure with trust to have tax benefit by distributing the profit to my parents (who don’t have an income) while using the 50% discount on CGT. Also to use asset protection of trust.
However, it seems that not all accountants are a big fan of this approach and their only advice is to buy& hold strategy while using the tax saving using negative gearing tax deduction.
I am a big fan Steve and started reading your books 5-6 months ago. Now I have reached to a point that I am absolutely sure that I want to start property investment using your strategies to reach my financial freedom in 10-12 years.
I understand I have to learn so many things in action and I can’t learn only buy reading books so I have started reaching to accountants and mortgage brokers to make sure I have a realistic understanding of my structure, borrowing capacity etc. And that’s why I would like to work with people who look at property investment the way you see it not the typical buy hold negative gearing concept! This way I can be confident that I get good advise and I save my time !
Thanks again Steve for you great books.
Hope I can get good contact details here :)
Have a good day.
Amir
