Mandy

Mandy started the topic Good Tax Accountant in the forum Legal & Accounting 9 years ago

Seeking recommendations for a good knowledgeable tax accountant for property investors please. We are located on the Gold Coast. TIA

Mandy replied to the topic How to protect current assets when not set up in a trust structure? in the forum Help Needed! 10 years ago

Hi Andrew,

Yes overkill at this stage, but we have a five year plan to become financially independent through property investment, are very motivated and plan to buy at least one more property by the year’s end. Just wanting to make sure we are going about things the most sensible way really.

Thanks for your input.

Mandy

Mandy replied to the topic How to protect current assets when not set up in a trust structure? in the forum Help Needed! 10 years ago

Hmmmm that’s the thing Corey, although I’m not a surgeon I am in the health profession. I would imagine with being employed by QLD Health I’m covered by their insurance and I am also a member of the union which includes indemnity as well.

It was more for the ‘un-invited guest’ type scenarios that can result in someone losing everything that I…[Read more]

Mandy replied to the topic How to protect current assets when not set up in a trust structure? in the forum Help Needed! 10 years ago

Thank you for your advice Terry.

Mandy

Mandy replied to the topic How to protect current assets when not set up in a trust structure? in the forum Help Needed! 10 years ago

Hi Jamie,

Thank you for your comment. In your experience is there a particular insurance company that many investors tend to use? Or is it pretty random?

Thanks again
Mandy

Mandy started the topic How to protect current assets when not set up in a trust structure? in the forum Help Needed! 10 years ago

Hi

We are really excited to have found and joined this group!

Having recently attended a property investment seminar we are concerned that our current assets (1x PPR and 1x IP) are not well protected as we have not structured them in a Trust/Company set up. The presenter said not to go and change them now, but didn’t give any hints about how to…[Read more]