tysmeister started the topic To leverage, or not to leverage … that is the question in the forum Finance 9 years, 9 months ago
All,
To provide a bit of background, the wife kids and I live in Sydney’s Inner West. Hoping to capitalise on the hot market we sold our 3BR Victorian terrace in December 2013 … unfortunately the market has gone up another 10 – 15% since then. We have a reasonable amount of capital from the sale currently earning a fairly poor rate of return…[Read more]
tysmeister replied to the topic Trust vs own name in the forum Legal & Accounting 9 years, 10 months ago
There are a couple of different trust structures that you could use, a “unit trust” and a “discretionary trust” (or family trust). Without more information about your circumstances the following information is predicated upon the latter (which is suitable for tax optimisation within a family structure). The “discretionary trust” allows…[Read more]
tysmeister started the topic Property Development in Kensington Gardens SA in the forum General Property 9 years, 10 months ago
Hi,
I have an 1,100 sqm block of land in Kensington Gardens (Eastern suburbs of Adelaide) that I am contemplating developing. There is an existing dwelling, so it would be a knock-down and rebuild. The intent would be to keep the properties as rentals.
Local council have indicated that the block can accommodate up to three dwellings / homes, and…[Read more]
tysmeister became a registered member 9 years, 10 months ago