All Topics / General Property / Purchasing with trading company

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  • Profile photo of troyidtroyid
    Member
    @troyid
    Join Date: 2003
    Post Count: 9
    February 19, 2004 - 3:42 am

    I want to know everything about investing in property with a trading company. Have you invested in property with a company? In what circumstances would you use a company instead of individually or trust? Is it hard to borrow? Is it hard to buy or sell?

    I understand about investing individually and with trusts and the CGT exemption.

    Profile photo of tonyy21692tonyy21692
    Member
    @tonyy21692
    Join Date: 2003
    Post Count: 128
    February 19, 2004 - 4:10 am

    Hi troyid

    I can recommend Steves “wealth guardian”. Brings you up to speed quickly & efficiently and I’m a CPA.

    Cheers

    Tony

    Profile photo of troyidtroyid
    Member
    @troyid
    Join Date: 2003
    Post Count: 9
    February 19, 2004 - 5:41 am

    I already have a copy of Wealth Guardian.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    February 19, 2004 - 1:51 pm

    Why would you want to use a trading company. If the business is sue, your property is at risk.

    And why use a company at all. There are no real benefits.

    There would be no problems getting a loan at all. Nearly all banks lend to companies. Directors must guarrantee the loan.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 4 posts - 1 through 4 (of 4 total)

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