bricmanParticipant@bricmanJoin Date: 2008Post Count: 28
This is such a weird time, the markets are crazy. It’s like there’s something in the air, you can kinda sense it, but all the market indicators are strong (if you believe the news!!)
Looking to invest in property fairly soon and am looking at either Positive cashflow or buy / reno / sell, wandering how you go about structuring yourself in regards to:
Asset protection; limiting your potential losses
Loan structure; how to get the most out of your lender with what you have
Tax (reduce the tax on lump sum gains) & maximise for +$flow
I know you need a good team around you and if you have any recommendations for people/services
that would be greatly appreciated.
IanTerrywParticipant@terrywJoin Date: 2001Post Count: 16,190
You would need specific legal advice, as what is suitable for one person may not be suitable for another. What works in QLD property may be too costly for NSW property for example. structuring loans will depend on who the legal ownership, serviceability, security value, other assets, interest rates etc.
If you have any specific questions ask away, I specialise in structuring.