Daves entity structuring diagram as per "W. S.R."

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MichaelLong
Participant
@michaellong
Join Date: 2002
Post Count: 36
September 8, 2002 - 7:21 am
Hi Steve,
I was wondering whether you could possibly provide us with a paper/electronic copy of your entity structuring as per Daves presentation on the W.S.R. CD??? (Dave drew your entity structure up on the whiteboard!)
I think that it would help all of us to further understand not only how you set your business up in order to gain the best legal protection, but also the timeframe in relation to the rate of growth, when putting such entity structuring in place!!!
It would greatly assist with our understanding of the evolution of entity structuring.
Hoping that you will be able to help us out,
Kind Regards
Michael…
**ALL** Pls feel free to add your thoughts, and pls indicate as to whether this info would be of interest/assistance to you?!!
AD
Participant
@ad
Join Date: 2002
Post Count: 636
September 8, 2002 - 9:07 pm
Would definitely help.Good idea.
AD
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
Steve McKnight
Keymaster
@stevemcknight
Join Date: 2001
Post Count: 1,763
September 9, 2002 - 6:58 am
Hi Michael,
Thanks for your post.
This topic is now covered in much detail as part of the Masters seminar (about 26 pages of comprehensive notes!). It is also briefly covered in the Wrap Library.
As such I don’t plan to recover it here and potentially dilute the value of those products. AD… you can look forward to receiving all the information in Sydney in November!
However – I would say that the structure that we use is a company / trust multiple entity version.
We look to replicate the structure when we feel that we have more to lose than the cost of setting up a new structure and maintaining it with tax returns, ASIC lodgement fees etc.
Have an AWESOME day!
Bye
Steve McKnight
Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.com
Success comes from doing things differently
AD
Participant
@ad
Join Date: 2002
Post Count: 636
September 10, 2002 - 1:21 am
Thanks Steve,
Must say that keen as mustard for November is an understatement. I am really looking forward to the event and all it holds in challenges. Hope all you others are coming !!
Enjoy
AD [:0)]
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith