Total Members: 159,138

BigAds

  • BigAds replied to the topic Structuring in the forum The Treasure Chest 21 years, 12 months ago

    Hey Adrian,

    Interesting question with the structuring!

    Your accountant may be right in suggesting you put the property in your own name at this stage of your wrapping career, assuming you do not earn over $50K a year. If you do earn more than $50K a year, your accountant is probably trying to sell you on the benefits of -tve gearing.

    Costs of…[Read more]

  • BigAds replied to the topic WRAPs in WA in the forum The Treasure Chest 22 years ago

    Hey ZS,

    Yes I am in WA, but no, I havn’t done any WRAPS yet.

    Not sure about the public perception of WRAPS as yet. I think it may be different in WA as we are limited to the lease option method of sale vs the instalment contract if we don’t have a credit provider license (anybody with experience have any ideas on perception?).

    I am trying to…[Read more]

  • BigAds replied to the topic WRAPs in WA in the forum No Subject 22 years ago

    Hi ZS,

    Your exact question was raised in the first WA Vendor Finance Association Meeting held last week.

    The answer is ambiguous in that the govt department that issues the Credit Providers License advises that a license is only required if “you are carrying on a business”.[?] They give no real definition of carrying on a business, however I…[Read more]

BigAds

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,138

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!