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  • Profile photo of marliwmarliw
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    @marliw
    Join Date: 2004
    Post Count: 4
    March 31, 2005 - 7:25 am

    Thanks for the help so far.
    To GP, I haven’t started my investment empire yet – so want to get it right from the start. It sounds like trusts are the way to go, not company. Thanks Derek for the book tip – will follow it up. Anyone know a trust savvy accountant in Brisbane (preferably northside?)
    Marli

    Profile photo of marliwmarliw
    Member
    @marliw
    Join Date: 2004
    Post Count: 4
    March 26, 2005 - 11:47 pm

    Hi John
    Its not so much my tax that I want to reduce – but exactly the problem you say you will get to if you don’t take the loan out in a trust name. Boy I’m really envious that you are only 25 and know about forming a trust structure – how do I do that by myself and is it complicated/cost much?
    Marli

    Profile photo of marliwmarliw
    Member
    @marliw
    Join Date: 2004
    Post Count: 4
    March 24, 2005 - 4:07 am

    From a novice’s point of view, there seems to be 2 ways of approaching this – from the unemotional, investor ie sell; or 2nd from the angle of giving something to your in-laws. Have you asked what they want to do? Maybe they want to downsize? Maybe if you discuss your dilemma with them they can help you come up with a solution?
    Marli

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