FAQ 66 Do I need a separate Trustee and Trust for each Property?
The short answer is NO, however it would be silly not to consider the implications of using a single entity (Trust) to own several valuable assets.…
Category: FAQ
FAQ 67 Can I use ‘and/or nominee on my property contract?
CONSULT A LEGAL PROFESSIONAL FOR A DEFINITIVE ANSWER. The answer to this question depends on the state but in any case it is not recommended.…
FAQ 67 Can I use \’and/or nominee on my property contract?
CONSULT A LEGAL PROFESSIONAL FOR A DEFINITIVE ANSWER. The answer to this question depends on the state but in any case it is not recommended.…
FAQ 68 Can I alter the recommended trust structure setup
If the student wishes to then go ahead but please remember that it will be an untested unsupported structure. Is it really important to own…
FAQ 69 Where do I find cash flow positive properties?
We get asked this question often accompanied with \”I have been looking but have not been able to find any\” The fact is that they…
FAQ 70 I am considering developing property. What are the tax implications?
Hello Students, The ATO website has been newly updated. It contains all the information that the developer needs to know about the tax implications of…
FAQ 71 What records do I need to keep for my Properties?
The ATO have quite a lot of explanatary documents about this topic. Be aware that a PPR , when sold, will not NORMALLY incur any…
FAQ 72 How easy is it to invest in the USA
If a decision has been made to look at the USA as part of an investment strategy then we urge that the following post written…
FAQ 73 Where can I find the dates and venue details for the upcoming bootcamps
There are only 2 places where the dates of the bootcamps can be found. 1) Under the SCHEDULE tab of the Ultimate website 2) From…
FAQ 74 What is the purpose of a Bucket Company and do I need one?
At the end of each financial year a trustee must distribute any profits of the trust that it controls to the beneficiaries of the trust.…