I would also like to annouce that Matt and I have been putting our team in place and setting up our structure etc since the seminar and today have made an offer on a buy and hold with a 9% cash on cash return.
Thanks Steve & Dave, for Fast Track, Property Secrets Revealed, Wealth Guardian,…[Read more]
My thoughts on this are not necessarily those of others but I think that by renting your PPOR from your Trust while it is neg is obviously a good idea, when it turns pos lets move on up rent to someone else pay tax on their money[].
But I think I opened a can of worms as this is only one thing that you can do with a Trust, as you would…[Read more]
I agree with Regina about an advanced level seminar for two reasons;
First, is as per my feedback form I felt disappointed on day one that I didn’t have an aha moment, but that was due to the amount of research I had put in with your materials prior. So I would relish a deeper level of talks and hearing from others eg: Stuart
I too am no accountant, but my understanding is that when you upgrade to your next PPOR you buy it through the Trust and you pay standard rate rent and then when it is time for you to upgrade again the other PPOR can remain in the Trust as an investment property which it always was, you were just the tenant.
The book is called Trust Magic, it is not a published work so you wont find it in a book shop but the link that AD gave is to Dale’s web site and it can be purchased there.
I just finished reading it today and I have to say I was a little confused on some things and I know that I can comfortable go back to Dale and ask him to…[Read more]
As I don’t know your accounts this is just speculation, I think maybe you have the wrong accountant. We had an account up until last Sunday when we decided on our way home from the semiinar that he just didn’t fit out plan. So on Tuesday we found a new one, he has actually written a very good book about trusts which I have to say if…[Read more]
I appreciate what you are saying and I too find it frustrating having the same questions over and over but I see it as paying my due’s.
I know I asked ton’s of dumb questions at first and many of the replies I received were to do a search so I know I was also frustrating others. But it is swings and round-abouts.
I too found the game a little disappointing, but I factored into the game that the people on my table do things differently to me, so no planning could be done, that I was trying to get the others on my table to do the work so as to avoid it my self because of fear.
Fear I might look stupid. But when I did get into it I really felt…[Read more]
EVERYBODY CAN FIND THEM … You just need to look not just see.
I would highly recommend any of the Bradley McNight Group (Steve & Dave) reading and audio material to set you in the right direction.
By the way I have got 11 properties printed and sitting on my desk right now that either meet the 11 sec sol, blitz it or require a bit more…[Read more]
Since Julie hasnt had her baby yet I know her and Steve will still be asleep[xx(] I’m up with my 2 year old looking at breakfast cereal.
Guy’s, I truely had the greatest time this weekend. And like many off you my head is still swimming for the abundance of information, I think if you didn’t get your answers you didn’t…[Read more]