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Thanks for your input guys. Appreciate it a lot.
Thanks everyone. That'll do for now. 'Til my next question.
Cheers,
LnMThanks WJ Hooker and Imugli.
My main objective is to invest for positive cashflow. I understand that it will take a lot of smarts and hard work to find positively geared properties nowadays, but still, I'd like to give it a go and I'm willing to invest anywhere as long as it meets my main objective of giving me positive cashflow.
The reason I want to know about entities is I want to have some level of protection for whatever assets (not that I have any) I have before I venture in my investing.
And yes, I am only going to start simple and small 'til I get my head around all the knitty gritty involved in investing.
I guess I'll start by asking my accountant. Any suggestions on what intelligent questions I should be asking?
Thanks for your feedback guys. Will welcome more.
Cheers,
LnM