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Thank you JacM.
Will give McDonald Ross a call.Thank you to all.
Two years ago the accountant helped set up this family trust and only until recently we realised it was set up as a Hybrid Trust. After been knocked back time and time again by lenders. Will call the accountant tomorrow and see if can be change to a unit trust as CBA are happy to lend to unit trust.Am happy with The State Library and will call up next week to see if there's discussion rooms.
Thanks Homersyd.Thanks Andy.
Will contact Lyn and hopefully this change of management process isn't too difficult. Property currently vacant and having some improvement work done.
*Current managing agent is Ray Hooper first national.
LadyO.
Hi everyone,
First we need to find a venue for our meeting, I will look around my local area (St.George). Can anyone else suggest a place so we can kick start this meeting??
LadyO
So there isn't a group in Sydney yet. It's time to get it happening.
If we get a few more interested members I'll look into it.LadyO
Thank you Terry & GMH454 for pointing out CGT & transfer price (stamp duty)…….didn't think of that. Will speak to an accountant.
As a new investor thirsty for education, I find this forum very informative and helpful. Thank you again.