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Buy and Hold! That’s what’s been drummed into my head by avid Property Investors. Leverage of the PPOR with a LOC and if it’s a change of environment you are looking for, rent out your PPOR and rent somewhere for lifestyle choices but the underlining rule (so I’m told time and time again) is never sell.
I’m new to this forum…enjoying the threads immensely!
Thank you [
I am looking at an NZ purchase and trying to figure out the best structure to buy it under as an aussie investor.Ive had advice from my accountant to set up an NZ company and purchse through this, but not to bother about a trust.
I think his logic is that with the company structure I dont have to distribute earnings so I can keep it all in NZ and reinvest.
Has anyone had any alternate thoughts or advise?
Thanks,
Tim BarrettOr you could set up a LTD company and put that in a Trust. That way you get the asset protection a Trust offers, especially worth considering if you plan on building up a portfolio of investment properties in NZ. You may also want the facility of distributing income before tax at a later stage especially if the company starts to earn a lot of $$ and you want to benefit from paying less tax.
Cheers,
Cellini [
