Total Members: 159,398

jleong

  • jleong changed their profile picture 10 years, 6 months ago

  • jleong replied to the topic Greener than Kermit in the forum Help Needed! 12 years ago

    Hi Jewel,

    I'm still in very early stages of my investing career, but your post has definitely gotten me keen to try all this out!
    You've inspired me to the point of offering tradie mates to help them out on their next residential job !

    I'm still keen to know more about the sale processand how it ties into 'putting together the numbers' on a reno…[Read more]

  • jleong replied to the topic Saving tax through a trust in the forum Legal & Accounting 12 years, 1 month ago

    many thanks:)

  • jleong replied to the topic Saving tax through a trust in the forum Legal & Accounting 12 years, 1 month ago

    right.

    Yes I do, but I was under the impression that I could create new trusts when i've reached the maximum possible lending capability of a particular trust.

    Could you suggest any decent texts to read on this subject? 

  • jleong replied to the topic Saving tax through a trust in the forum Legal & Accounting 12 years, 1 month ago

    Thanks Terry.

    Then, is it plausible to to have  2 trustees within a trust as guarantors? If so, wouldn't this address those 2 points you've highlighted?

  • jleong replied to the topic Saving tax through a trust in the forum Legal & Accounting 12 years, 1 month ago

    Hi All,

    I was just brushing up on Steve's book, specifically chapter 9 on trusts. It seems like it's possible to have a company as a trustee, then have multiple directors act as guarantor for a loan (belonging to the trust).

    Apologies if this sounds stupid , but this does mean that the income of the guarantor will be used to asses borrowing…[Read more]

  • jleong replied to the topic 3 Day Mega Conference opinion. in the forum Forum Frolic 14 years, 7 months ago

    Lol DWolfe! So would you say it was of any benefit?

  • jleong replied to the topic 3 Day Mega Conference opinion. in the forum tomato, clock, phone, mobil, 14 years, 7 months ago

    tomato, clock, phone, mobil, wanted sign, goal posts, efficiency (is that right?), organiser, soldier, sports team?
    i think that was it anyway!
    P.S I purchased Ron’s product and will let you all know how it goes

  • jleong replied to the topic 3 Day Mega Conference opinion. in the forum Hey guys,
    As someone who has
    14 years, 7 months ago

    Hey guys,

    As someone who has only just discovered the world of real estate investing, I would say the experience was a mixed bag for me.
    I absolutely felt that the 3 days were worth my time to learn some basics, understand what other strategies can be used and network with like-minded people across the continent. I did ; however, feel that there…[Read more]

jleong

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