Hi Young

This will possibly be a semi regular thing, time permitting for everyone.
I’m sure there will be a post or two to let you knowwhen the next one is.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Hi Adam

Hope you and your wife are feeling better.

I would like to thank all who showed and for making it an enjoyable expirence.
[biggrin][biggrin]

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

It would come down to liability. If the PM sent you a letter outlining possible problems and you chose not to fix the problem, you would be at fault and therefore liable.

If the PM called you (with no hard copy or proof) and told you about a problem, which was not fixed, who is to blame.
Were you told, really?
Did you receive the phone call?
Did…[Read more]

I believe in Vic the trusts are grouped so a total land value is used.
If you do a serch of Vic’s OSR website it will tell you what you need to know.

OSR- Office of State Revenue

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Hi Amanda

Feel free to eat if you wish, but for me I enjoy having a family dinner at home so I will not be eating out .

Drinks however…..

See you tonight.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Just a quick reminder
Be there or be….. somewhere else.[upsidedown]

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

[jerry][upsidedown][specool][biggrin]

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Hi Terry

Some tell me that certain HDT’s can do the same as the unit/discretionary trust structure, depending on the deed of course.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Hi Gary

Will you be in town on the 2nd August, Wednesday night?

If so I would like to invite you th the get together at the Breakfast Creek Hotel at 7.30pm,the SUBSTATION 41 bar.

There is forum members from here and summersoft comming along and should be a good night.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Hi Jules1

A unit trust has very limited asset protection and is not something I would use. For example, if I have a unit trust (which I don’t for those who are intrested) that has two units issued, and a total net worth of $1mill inside the trust.How much is each unit worth?
$500k if you asked me and fairly easy to establish.

The problem with…[Read more]

Originally posted by foundation:
so sue me.

Carefull F. someone might take that as advice.[biggrin]

I heard from a reliable source (but have not looked into it myself) that over ANY 4 year period that variable was cheaper. Yes ANY 4 years including the late 80’s.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Originally posted by wealth4life.com:
QLD is softening.

This is a very broad statement, as is any other statement on a whole state’s economy. Some of my IP’s are still booming while others have slowed. I have also had predictions of suburbs with an estimated 16%+ capital growth per annum over the next 5 years.

Remember that each city/town…[Read more]

So it may be time to take a step back from buying and settle on watching the market for a while, and planning your next investment. If you are worried about the market dropping by 20% wouldn’t it make sense to watch the market untill it has droped, then buy…..

Just my 0.02 (got that from GR)

CATA
Asset Protection…[Read more]

You can buy all sorts of reports from residex.com.au.
I find it to be a great way to start.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

It will depend on what investing stratagie and personal circumstances which type of trust to, use if at all. My preference if discretionary trusts because mose accountants know how they work. With a hybrid trust, yo will need a good team including accountant, lawyer, mortgage broker (you know all the property related stuff) that understands the…[Read more]

http://www.superiortax.com.au
Adrian, Anita and Louise are great.

They are in Mt Eliza.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

I think WAHOO, more houses for me.
The rental yeild may be harder to chase tho.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

It is not the only way to get the loss in your personal name though.

CATA
Asset Protection Specialist
wardlecata@primusonline.com.au

Hi all you guys and gals

I have just booked a table in the “SUBSTATION No.41” bar.
7.30pm
Wednesday 2 August
Breakfast Creek Hotel

The table is for 20 or so people, and is booked under my name “Colin Wardle”.
I will be wearing black slacks and an orange long sleve shirt.
I look forward to meeting all of you.

CATA
Asset Protection…[Read more]

[/quote]
The Trust will buy the house for 700k (for example) & I will lend the Trust 700k to buy the house(which I will borrow from the bank).

The bank loan interest will be 50k p.a. The rental income, which the Trust will distribute to me, will be 30k p.a.

I can write off the difference (50k-20k) to my tax at my marginal tax rate.

Is this…[Read more]