And don’t forget to claim expences to and from your accountant.
eg. phone calls, klms, postage

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Congrats Peter
Goes to show if you are looking, the IP’s worth buying are out there

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Use an airless spraygun. Put the pick up straight into the paint. Set pressure at about 3000 PSI and spray.

It is very messy as overspray goes everywhere, you can adjust it by adjusting the pressure. If spraying outside then get everyone to move their cars unless you want them painted as well.

Water based paints only.
Hire the equipment.
Prep is…[Read more]

I thought so to Terry untill I heard this.
Can’t tell you anymore but it would have to have been extreme circumstances.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Originally posted by Terryw:
P. This can happen if investing in business or property, but not if investing in shares only.

Don’t be to sure Terry, this has happened before and will happen again.

Picture this, an accident has happened.
You invest in shares after the accident happened.
Lawsuit starts with the shotgun approach.
Court case is lost…[Read more]

A company trustee is by far the safest way to go for asset protection.
I know brokers who think they know how to do it but still manage to get it wrong, so find one who uses a hybrid trust themself and check them out.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Hi Carlin

Tax Avoidence is illegal
Tax minimisation is not, and this is the technical name for what you want.

I think you would be wasting your time meeting with that accountant again. If he/she didn’t know then they won’t know now.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

This just poped into my mind.

REWARD Investments

Real
Estate
With
A
Rewarding
Difference

[jerry]

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Do not just look at price for a trust structure. Find out why the more expensive trust is more expensive.

Did the GG hybrid trust have a corporate trustee?

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Be careful in this area. I believe that this type of structure is on the cards for elimination by 2009. I looked further into this for myself and believe that if you go into a structure like this you will need to be out of it by 2009 and so I did not set one up for myself.

Tread carefully but good luck.

CATA
Asset Protection…[Read more]

It’s a short answer.

Do No Do It.

A super fund can purchase property but must pay cash, no borrowings allowed in superfunds.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Hi Grossy

I have some money invested in a managed fund that invests in china. Mainly in Macau but in other areas as well.

I checked it last week and to date have made 62% since November.I don’t know anything about the area itself but the fund managers do.

Can’t help any more than that but you know who I use in Vanuatu who put me onto this…[Read more]

Superior Tax Solutions in Mt Eliza

enquiries@superiortax.com.au

If you have questions about the trust structure, send me an e-mail.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Thanks Stuart

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

It seems to be a trade off.
Asset Protection and other related benifits of tusts, or land tax (all though the unit trust is now a “special trust” so it will not get the land tax exemption either)

In sunny Qld the trusts are not grouped (yet) so to minimise land tax a new trust is formed. Each state is different.

Ifyou arepaying some tax,you are…[Read more]

Originally posted by Qlds007:
Trustees will certainly be required to offer a Guarantee irrespective of what type of Trust but NOT the beneficiaries.

Or the director/s of a corporate trustee.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

I think even a business should be in a trust. You can register a trading name for the trust and this will give you great flexibility.

There is no “One size fits all” for trust structures as everyone’s personal circumstances are different.

Generally I would agree with Terry.
Let me know if I can help.

CATA
Asset Protection…[Read more]

No need to unless $50k of profit per year is reached.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

These type of returns are possible.

Do you know what a Ponzi scam is? If so, make sure it is not one of there type of deals as the cash will vanish.
This site will give you an idea of a Ponvi scheme.
http://home.nycap.rr.com/useless/ponzi/

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

That’s a headake. Just do your due dilligence before settlement. If not you might be in court trying to get costs, and costing you court fees as well.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au