Thanks for your comments Peter….Just more for us to think about. Your suggestion that “one size fits all” doesn’t exist is where I figured this would probably end up. There are obviously too many variables.
Asset protection from litigation is very high on the list.
Negative gearing isn’t an issue & doesn’t apply for the foreseeable…[Read more]
Thanks Terry – Excellent! I suspect you’re on a winner with that book….
Your second paragraph gets to heart of the problem. With the questions you’ve raised, a DYI set up would obviously give a false sense of security. No good having a set up that anyone can shoot holes through.
The Land Tax aspect could be a concern but at the end of the day…[Read more]
Hi all, some of the following is partially covered by other Topics in this L&A section but…… I’m having trouble pulling it all together.
We’re based in Sydney, NEW to PI and feeling our way. We have our own business which has operated as a Sole Trader for 20+ years and we’ve just bought our first PI. (I derive an income from the business & my…[Read more]