What structure do you guys/gals recommend gets set up,if one is going to be building,say at least 2 houses p/yr?
Should this become a business? Any pro’s,con’s & advice greatfully accepted.
I’m trying to work out the most beneficial structure for myself before building again.Misty, Misty, Misty….
What will you be doing with the properties after they are build ? Do you intend to keep and rent , or resell…and if you rent them will they be +cf or -cf…?
I would say, that if you intend to acquire a few properties over time, it would be best to buy through, and keep them in, a structured entity (eg family or hybrid trust with a Pty Ltd as the trustee fo the trusts)
Have you got a copy of Trust Magic by Dale G Goss ?
Its a great starting point in explaining the virtue of trusts with some examples to boot..KP
Ok,looks like trust magic is next investment
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