Just wondering if anyone on the Forums has used Ed Chans Property Investment Trust structure?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorNot yet.
I saw Ed at a seminar a couple of weeks ago, and apart from having potential as a stand up comedian ( if he gives up his day job), he was the highlight of the seminar.Worth following up in my opinion.
website for anyone interested is:
http://www.chan-naylor.com.aukp
KP
I think they want you to be a client before they give more details on the structure though, is this correct?
I enjoyed the book and checked out the web-site, however, details on the structure were scarce..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorOriginally posted by redwing:Just wondering if anyone on the Forums has used Ed Chans Property Investment Trust structure?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI know Ed well and discussed this trust with him in detail last week.
It’s particularly useful for NSW property owners.
He has written an article about trusts which will be published in the November issue of my e-magazine coming out in a week or so.
Those who don’t get it regularly can subscribe at http://www.metropole.com.au
Michael Yardney
METROPOLE PROPERTIES
Author of Australia’s leading property e-magazine.
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FREE subscription http://www.metropole.com.auMet Ed a few weeks ago and seems like he knows his stuff, we actually have a presenter that works along side his company coming to the Sydney Discussion Group Meeting in November 20th to talk about trusts ect.., if you anyone is interested.. your welcome.
Details are at:
https://www.propertyinvesting.com/forum/topic/20255.htmlRoy H.
L.R.E.A., Dip FS (FP)Guardian Property Specialists (GPS) is a research-focused company that specialises in sourcing and providing residential investment properties Australia wide!
Hi, Roy,
I thought the meeting is on Saturday 27 November (at 3:00pm). Please advise if this is the case. Thanks.
Regards
RaymondMy mistake, true it’s 3pm on Sunday 27th November At Petersham RSL.
Roy H.
L.R.E.A., Dip FS (FP)Guardian Property Specialists (GPS) is a research-focused company that specialises in sourcing and providing residential investment properties Australia wide!
Hi, Roy,
Thanks for the update. I shall be attending this meeting and look forward to meeting you there.
I assume there will be a meeting agenda to be sent out prior to the meeting.
Regards
RaymondOriginally posted by MichaelYardney:Quote::I know Ed well and discussed this trust with him in detail last week.
Can you give any details Michael?It’s particularly useful for NSW property owners.
?He has written an article about trusts which will be published in the November issue of my e-magazine coming out in a week or so.
Look forward to it, I enjoy your newsletterThose who don’t get it regularly can subscribe at http://www.metropole.com.au
Michael Yardney
METROPOLE PROPERTIES
Author of Australia’s leading property e-magazine.
Join over 10,000 readers each month.
FREE subscription http://www.metropole.com.au“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorRedwing
The trust is specially usueful for proeprty investors with special provisions for land tax and distributing income even before the property is positively geared.
I haven’t seen a trust deed but it has QC approval as a legitimate tax effective document.
Michael Yardney
METROPOLE PROPERTIES
Author of Australia’s leading property e-magazine.
Join over 10,000 readers each month.
FREE subscription http://www.metropole.com.auhi roy
look forward to talking to the trust guy or girl didn’t get much from the chan web site.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]Roy,
Thanks for coping the link on here for the up coming meeting @ Petersham, looking forward to it
Great, see you all there..
As for the Agenda, it’s pretty easy and laid back.
Roy H.
L.R.E.A., Dip FS (FP)Guardian Property Specialists (GPS) is a research-focused company that specialises in sourcing and providing residential investment properties Australia wide!
Originally posted by MichaelYardney:Redwing
The trust is specially usueful for proeprty investors with special provisions for land tax and distributing income even before the property is positively geared.
I haven’t seen a trust deed but it has QC approval as a legitimate tax effective document.
Michael Yardney
METROPOLE PROPERTIES
Author of Australia’s leading property e-magazine.
Join over 10,000 readers each month.
FREE subscription http://www.metropole.com.auIts not just “fancy marketing” of something already available from other people is it Michael?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorIts not just “fancy marketing” of something already available from other people is it Michael?
REDWING
I don’t know. I’m sure they are not the only smart accountants and as I said I have not read the trust deed
Michael Yardney
METROPOLE PROPERTIES
Author of Australia’s leading property e-magazine.
Join over 10,000 readers each month.
FREE subscription http://www.metropole.com.auIt sounds like a unit trust to me.
CATA
Asset Protection Specialist
[email protected]Originally posted by Cata:It sounds like a unit trust to me.
CATA
Asset Protection Specialist
[email protected]No I know its not a unit trust. I was explained some of the intricacies over lunch lasat week and it is much fancier than that.
Michael Yardney
METROPOLE PROPERTIES
Author of Australia’s leading property e-magazine.
Join over 10,000 readers each month.
FREE subscription http://www.metropole.com.auIt is possibly based on a unit trust as this is the only way to get arround land tax. If it is there is, not much good for Asset Protection as units have a clear unit value.
It maybe a Hybrid Unit Trust.
CATA
Asset Protection Specialist
[email protected]According to Ed, its property investing trust, not a disc trust or a HDT or a unit trust.
He says that none of the above are suitable long term, for holding property assets in.
They all have their place, but not for property investing.I can’t say any more than that, as it would be pure speculation.
Best to email them direct and ask them.
kp
Fair enough Kp.
Forgive me for being sceptical but I think I know where he is comming form (without talking to him so I might be wrong).
CATA
Asset Protection Specialist
[email protected]
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