Total Members: 159,194

samuroo

  • samuroo replied to the topic Loan under a trust in the forum Finance 20 years, 6 months ago

    So the 30% CGT when you sell as a company, what would it be under a trust?

    First, the CGT discount applies which means
    50% of the gain is not assessed for tax.

    The remaining 50% will be taxed at each
    beneficiaries marginal rate.

    eg. B1 is on %30 rate. Half of her distribution
    is not assessed. The other half is assessed at
    30%, meaning she only…[Read more]

  • samuroo replied to the topic Living with a high level of debt… in the forum The Treasure Chest 21 years, 3 months ago

    quote:
    If we buy 10 homes @ $100,000 each at 80% lvr = $800,000 debt. If each house makes us $50/month = $2,000 cashflow/month.

    Umm…

    10 homes x $50/mth =$500, not $2000.

    Did you mean 10 homes @ $200/mth ?

    Rob O.

samuroo

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,194

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!