http://www.guardianpartners.com.au

Transfer = sell

ArnieS wrote:
There have been some really good comments. Asset protection is over-argued and in most cases will only apply to the very rich. Complex structures are often set up with no commerciality in mind. If you are using negative gearing as a strategy to build wealth – you will need to access the equity to continue the strategy. You don't…[Read more]

s 116-30 ITAA 1997http://www.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s116.30.htmlWill be similar for stamp duty too.

This is a common question lately.The answer is that this is not possible because personal guarantees will be required.

ANZ uses a number of companies for valuations. It will vary from area

I would split up the assets into a number of discretionary trusts.All trading should be done via a Pty Ltd company with shares owned by a discretionary trust.. Probably split up the trading into a few companies. These companies should not own any assets, business asset should be owned by a separate serivce trust.I would also have another trust…[Read more]

keiko wrote:
what if the unknown happens and the house is not rented for 12 months but ozinvest goes broke on week 1, I might be out of pokcet $30k unless the directors personaly gauranteed it

You also might be out of pocket $30,000 even if the directors guarantee it.

Directors guarantees can also be without substance too. If the director has no personal assets then you won't be able to claim anything. Or even if they do have assets there could be hundreds of people making the same claims.Guarantees are good to have, but just don't think they mean much.

http://www.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s118.145.html

Hi JeffI think it all depends on what agreements you have signed. Personally I wouldn't like paying an agent a commission if they didn't find the buyer, and you have only sold an option – what happens if you pay the agent and then the buyer doesn't take up the option? You could be at a loss.I would think any managments fees would be payable on the…[Read more]

Like a doctor needs to see patients before they are sick to keep them healthy, brokers ideally need to see clients before they max out. This can help longevity!

The landlord doesn't necessarily have to be the owner. It could be the person sub-leasing it I beleive.

You can generally assign most things or appoint someone as you agent (in the legal sense, not real estate sense). If you appoint an agent they are acting on your behalf, so you would still bear the tax etc.But with real estate there are various licences needed if someone is going to act as a property manager. I am not sure how you would go.Maybe…[Read more]

Its very hard to finance rural properties, especially large acrerages. Too much risk for the bank.

You pay the management fees to an agent managing the property usually. I guess if you still need them then you will need to pay the fee.If you entered into an agreement to sell the property often there are clauses which mean you have to give them a commission even if you find you own buyer or another agent sells it. I think in Victoria it is…[Read more]

Yes, when you put it like that it does make sense because of the leveraging.

I would probably just keep on buying investments and then store spare cash in a offset account.When you want to upgrade sell the existing one, CGT free and use the cash in the offset.

god_of_money wrote:
RichardYou can get bank valuation (ANZ/Homeside lending), but you can't get the report though.

WIth ANZ you can – or the broker can, unless things have changed recently

that sounds like advertising!