Hello WF

I am setting up a Company which will only deal with WRAPS, This company will be held inside The Trust as a seperate entity. My BUY/HOLD properties are held as normal inside the trust but not in side the company to keep them seperate.
[biggrin]
Cheers

Shane

Shane Adams
[email protected]

‘You Can Quit Anytime, Why Quit Now?’

Cheers Derek your a LEGEND

shane Adams
[email protected]

Hi Terry

Yes I agree and I will be seperating my portfolio’s.

Cheers

Shane

shane Adams
[email protected]

Hi Perry

I live in Port Hedland up north and I have been chasing for a WA forum as well.

There is the Vendor WRAPS Association ( Australia wide ) also there is a business that trades under Rick Otton’s name We Buy Houses in Perth they are

David Banks
0895933233

Cheers

Shane.

shane Adams
[email protected]

Hi Yarwood

I live in Port Hedland ( 2000km North of Perth ) and I managed to narrow down some good suburbs and purchase a NEGATIVE [withstupid]geared property in Hilton from up here. I am also looking at Coolbellup, Spearwood, Hamilton Hill, Bibra Lake because I think their still cheap enough.

I am starting to WRAP soon in Perth through
a joint…[Read more]

Hi Lucifer

This is what I asked my Solicitor and his reply;[blink]

Does the $10,000 Capital for Adams Pty Ltd have to stay in the company after CPL approval as I want all capital to be held in the Trust itself? ( myself )

If not the company needs to have recourse against the assets of the
trust to make good its own liabilities incurred in the…[Read more]

Hi Calvin

I am getting ready to start WRAPS here but having trouble with the Credit Providers License[angry2] blending in with The Company/Trust structure at the moment, Any advise would be great.

The following are clued on with WRAPS;[blink]
Peter Slikerveer ( accountant ) 08 92494833
Jeremy Malcolm ( Solicitor ) 08 92130800

Cheers

Shane.