Don replied to the topic Capital Gains question in the forum Legal & Accounting 8 years, 5 months ago
Hi Benny,
yes! you are both right.
Thanks
Terry can i ask you what are your consultation fees?Don
Don replied to the topic Capital Gains question in the forum Legal & Accounting 8 years, 5 months ago
Thanks again Terry.
I assume that there is nothing that can be done.!
Do they still need to seek legal advice asap.?
DonDon replied to the topic Capital Gains question in the forum Legal & Accounting 8 years, 5 months ago
Thanks Terry for responding.
They are joint tenants.
Regarding expenses the parents didn’t keep any receipts.Don
Don replied to the topic Capital Gains question in the forum Legal & Accounting 8 years, 5 months ago
Hi
This is an odd situation. My wife and two of her siblings with their parents are on the title of the primary residence of their parents house (which the father has just passed away) and it’s owned in equal shares. The parents paid off the mortgage: and the siblings were under the impression that they were just guarantors to the bank.
How is…[Read more]Don replied to the topic Capital Gains question in the forum Legal & Accounting 8 years, 5 months ago
Hi
This is an odd situation. My wife and two of her siblings with their parents are on the title of the primary residence of their parents house (which the father has just passed away) and it’s owned in equal shares. The parents paid off the mortgage: and the siblings were under the impression that they were just guarantors to the bank.
How is…[Read more]Don replied to the topic Best method for Asset protection in the forum Legal & Accounting 8 years, 8 months ago
Thank Terry!!
I will not be buying the book.I searched Dymphna up and she doesn’t have a very good reputation.
Don replied to the topic Best method for Asset protection in the forum Legal & Accounting 8 years, 8 months ago
Hi theman,
Thank you for the tip. I had heard about Dymphna i just wasn’t sure of her expertise but i will get the book.Don replied to the topic Best method for Asset protection in the forum Legal & Accounting 8 years, 8 months ago
Terry,you raise some very important issues about transactions,deposits,contracts,rent,ect ect…
I’m not sure how to go about;as i don’t have any esperience.
I hope that you can help me,becouse i’m thinking to come and get legal advice at your office.
But before i do that,can you reccomend me some book or website were i can get a bit of…[Read more]Don replied to the topic Best method for Asset protection in the forum Legal & Accounting 8 years, 9 months ago
Hi Terryw,
thank you for your fast reply.
Primarily i’m concern with possible litigation with tenants or litigation in general,
but also; as i want to pass on the properties to my kids in my will,
how can i protect them from loosing some of the properties if they have a divorce?
i appreciate your help.
DonDon started the topic Best method for Asset protection in the forum Legal & Accounting 8 years, 9 months ago
Hi to you all,
i’m new to investing and i’m planning a strategy of buy and hold for the long, long term.
i will be buying 10 properties in a 3 years time frame.
What kind of structure or strategy should i use for assett protection?
As this is my biggest concern.
thank you in advance
DonDon became a registered member 8 years, 9 months ago