KeithMewes replied to the topic Wanting More Info on Trust Accounts for Investing in the forum Creative Investing 12 years ago
I'm not an expert and cannot offer advice but my understanding is to always keep the business and any IPs completely separate. Some even recommend that the business be split as well, such as if you have plant & equipment this is owned by a trust and leased to the business. I personally will be buying IPs in a discretionary trust with a non-trading…[Read more]
KeithMewes replied to the topic What is your biggest struggle or challenge when buying an IP? in the forum Help Needed! 12 years ago
Finance & structure.
Finance: what is the best way to finance the purchase of IPs: refinance PPoR; LOC; IO; P&I; etc.
Structure: what structure to buy in: own name; partnership; trust; etc.Make sure you get some good advice from people who live & breath this stuff, not your tax accountant or divorce lawyer or your mate down the pub! There are…[Read more]