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	<title>PropertyInvesting.com | colldave | Activity</title>
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				<title>colldave replied to the topic Business Structure with other interests in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4365850-business-structure-with-other-interests/#post-4416164</link>
				<pubDate>Wed, 28 May 2003 04:52:17 +0000</pubDate>

									<content:encoded><![CDATA[<p><em><strong>To summarise:<br />
1.  The partnership should become a P/L which has all the trading names registered to it.<br />
2.  All business assets used by the P/L should be transferred to a discretionary trust and rented/leased back.  Also, a trust has the 50% exemption on assets, unlike a P/L.<br />
3.  The partners, now directors, receive income from both the P/L as&hellip;</strong></em><span class="activity-read-more" id="activity-read-more-221732"><a href="https://www.propertyinvesting.com/topic/4365850-business-structure-with-other-interests/#post-4416164" rel="nofollow">[Read more]</a></span></p>
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				<title>colldave replied to the topic Business Structure with other interests in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4365850-business-structure-with-other-interests/#post-4416162</link>
				<pubDate>Mon, 26 May 2003 05:54:20 +0000</pubDate>

									<content:encoded><![CDATA[<p>Hi Michael, thanks for the input [<img src="/wp-content/uploads/smileys/smile.gif?x85685" width="" height="" alt=":)" title=":)" class="bbcode_smiley" />]</p>
<p><strong><em><strong>Current Business</strong><br />
This partnership is just that, isn&#8217;t it?  Not a P/L?  Just confirming.</em></strong></p>
<p>Yes it is a partnership rather than a P/L</p>
<p><em><strong></strong><strong>New Businesses</strong><br />
These are using the same partnership, but different t/a names? </em></p>
<p>Yes</p>
<p><em><strong>So it would be the same ABN for all three businesses (or more correctly, three t/a&hellip;</strong></em><span class="activity-read-more" id="activity-read-more-287860"><a href="https://www.propertyinvesting.com/topic/4365850-business-structure-with-other-interests/#post-4416162" rel="nofollow">[Read more]</a></span></p>
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