Guru Simon – Mortgage Hunter and Life Coach.
Solving all problems financial and mental (well they do go hand in hand sometimes)

Sounds like a niche market for you. [specool]

CATA
Asset Protection Specialist
[email protected]

Exactly Michael

You must start with a goal in mind, but be able to change if necessary. The correct structure is important and must be flexible enough to be able to change with you.

What are your long term plans?
What is your investment stratagy?
What are the risk factors involved?
What are the benifits of each structure for you?

I could go on
Hope this helps

CATA
Asset Protection Specialist
[email protected]

Try Adrian Hill
Superior Tax Solutions
superiortax.com.au

I am in Bris and I use him in Mt Eliza

CATA
Asset Protection Specialist
[email protected]

Hi Zimonya

HDT’s are a complex beast. Operating losses can not be distributed to any beneficiary. Losses must go back to the unit holder(in most cases).

Here are some basice for HDT’s.

You borrow money in your name.
You purchase special income units in a HDT.
HDT then buys property.

You can use the intrest on the loan as a deduction against your personal income.

HDT’s are not easy to use and if you are not sure it can cost you alot of time and money to correct any mistakes.
Was your first car a Ferrari? Hybrids are a powerful structure but in the wrong hands it may as well be a Datsun.

Hope this helps

CATA
Asset Protection Specialist
[email protected]

After 80 years the trust can be resettled and can continue for another 80 years.

The income distributions can be shown as loans, therefore loans can be called back and used inside the trust for future expansion of your empire. Insert good accountant here. This is one possibility.

HDT losses must go back to the unit holders, but your HDT should be running at a profit. The funds are borrowed in your own name, you invest in units of the trust (making the borrowings tax effective) and allowing the trust to use the money as it sees fit.

Costs for a HDT vary greatly. Some charge minimal set up costs and large accounting frre for the back end. Do your research.
Hope this helps
If you want a chat you can e-mail me.

CATA
Asset Protection Specialist
[email protected]

The bank would require the director of the Pty Ltd company to go garantor for the loan, and is responsible.

CATA
Asset Protection Specialist
[email protected]

Hi Len

The trustee’s name asthe trust is not a legal entity and can not make decisions for itself.

Hopr this helps

CATA
Asset Protection Specialist
[email protected]

Cover everything that you can think of. Sit down with your cousin and brain storm for ideas eg % of ownership, a get out clause if either of you want to ect.

Even the small things can become big things if it goes sour.

CATA
Asset Protection Specialist
[email protected]

A “Market Linked Life Bond” is tax free after 10 years (unless the laws change in the meantime). This particular life bond also gives you the opportunity to invest with the big boys (min $100k US or more per fund) for about $10k US.

There is many ways to invest and I suggest you use a Broker that knows all the tricks of the trade.

HisChild
You can also margin lend into managed funds, at a lower LVR usually 50%. So your 1mill turns into 2 mill, your profit goes from $773 200 to $1.5464mill or 154.64% with repayments at about $200k (just guessing).
Profit of $1 346 400 per annum.

For the record I invest in property and business also.

CATA
Asset Protection Specialist
[email protected]

The same fund finished the year at 77.32% and looks good for a while yet.
That’s $773 200 on the mill without doing anything.

CATA
Asset Protection Specialist
[email protected]