smet replied to the topic Interest Rate Reality in the forum General Property 19 years, 9 months ago
Hello Steve and the Forum
Thanks for an interesting article. The whole situation with property reminds me of the technology boom in the late nineties. At tha time the whole perception what is reasonable in the market got distorted to the degree of ridiculous. Shares of Internet companies showing losses were doubling in price every couple of…[Read more]
smet replied to the topic Setting up a trust in the forum Legal & Accounting 19 years, 9 months ago
This topic interests me as well. To my surprise, property investors in Australia seldom talk about setting up a structure such as family trust/company. It adds hassle to the process, true. But in the long run there are numerous benefits.
Problems:
1. Setting up trust/company costs money (tax deductible)
2. Running costs are added – annual…[Read more]