Total Members: 158,200

lupus1704

  • lupus1704 replied to the topic Trust Question in the forum Legal & Accounting 18 years, 6 months ago

    Redwing,
    PRetty much a stock standard off the shelf discretionary trusts. No special additions to deed.

    lupus

  • lupus1704 replied to the topic Trust Question in the forum Legal & Accounting 18 years, 6 months ago

    Hey one and all

    Many thanks for the response. What I wanted to know was the effect imputation credits within the trust structure, are they quarantined within the trust or able to be distributed.

    Thanks Cata and Terryw for the responses.

    Guess from my point of view, was wondering how to work around the stupid predicament Ihave gotten myself…[Read more]

  • lupus1704 replied to the topic I am selling all my properties in Brisbane in the forum Help Needed! 18 years, 7 months ago

    George,
    Can I enquire as to how the properties went from +CF to -CF?

    Apologies if this seems a naive question, but I always assumed that CF+ properties mean’t that the rent coming in covered pretty much all expenses and holding costs. If the properties already belonged to you and the income has in the past covered the expenses, how do they…[Read more]

  • lupus1704 replied to the topic Found four undervalued properties in 2 days in the forum General Property 18 years, 7 months ago

    Hahaha,
    Why the heck not :) Might as well start somewhere, and if the deals are there, why not look into them :)

  • lupus1704 replied to the topic Found four undervalued properties in 2 days in the forum General Property 18 years, 7 months ago

    Congratulations Cpt Picard. Looks like you have been busy on your path to success.

    Am about to start the next leg of my journey as well and start looking again. If you don’t mind me asking, where abouts were you looking? Sounds like you have quite a few deals :)

    Lupus

  • lupus1704 replied to the topic Company, trust or both??? in the forum Help Needed! 18 years, 7 months ago

    Originally posted by Cata:
    A “Deed of love gift” will allow you to gift the funds to the trust. Easy and cheap to do. If the funds are no longer yours they can not be clawed back, but if they are loaned to the trust then it would be seen as an asset for you.

    CATA
    Asset Protection Specialist
    [email protected]

    Cata,
    Thanks for the…[Read more]

  • lupus1704 replied to the topic Company, trust or both??? in the forum Help Needed! 18 years, 7 months ago

    Hi Everyone,

    Was wondering the following point about trusts. I understand the entire point of running them is for asset protection. If the asset is not in your name, there is a barrier towards anyone getting their grubby little mits on it :)

    However, my question is, how does the law view the initial seed money contributed to the trust. While the…[Read more]

lupus1704

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