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Hi
I read with interest in Steve's book 'From 0 to 260+' page 154 that Steve uses a trust structure and as guarantor can secure himself multiple loans and thus control more property than if the borrowings were in his name only. Could someone explain how...
Started by antster on
, 11 posts
by 7 people.
Answer Snippets (Read the full thread at propertyinvesting):
Having a ....
Therefore there is no guarantee that the trustee $150,000 in each of three seperate trusts (and giving your personal guarantee to each seprate trustOut of date info.
As to who to distribute the income of the trust to.
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I have been trying to do some reading about land tax and unit trusts in NSW. Especially the following link:
http://www.osr.nsw.gov.au/lib/doc/fa...s/ofs_lt08.pdf
This talks about fixed trusts and special trusts and whether they get the tax free threshold...
Started by jrc77 on
, 15 posts
by 6 people.
Answer Snippets (Read the full thread at somersoft):
Special trust trust?
If so, from....
This is the case for 'special trusts' which would be most non fixed trusts.
Special trust is defined at s3a Land Tax Management Act
http.
Which would be most non fixed trusts.
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Another excellent article by the highly respected Ian Cowie:
http://blogs.telegraph.co.uk/finance...ck-the-market/
Started by Maverick Money on
, 9 posts
by 6 people.
Answer Snippets (Read the full thread at moneysavingexpert):
For example, it is no secret that unit trusts have much higher charges than investment....
To invest in Woodfords Edinburgh Trust rather than his Perpetual Income or High funds?
I found figures must take responsibility for their own actions.
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Ask your Facebook Friends
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Hi all,
My accountant recently told me about some of the benefits of Hybrid Discretionary Trusts for investment properties with a company as trustee and myself & partner as the director, shareholder, beneficiary and appointer. The mortgages would be under...
Started by u36ma on
, 13 posts
by 5 people.
Answer Snippets (Read the full thread at propertyinvesting):
So the creditors ....
Don't trust to get on trusts is the "Trust Structure Guide 2011" but it is about $300 - it is available at some bankrupt.
And Canapes- Last meeting for Christmas! There are no good books on Hybrid trusts.
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Skellmax Industries is dropping out of the sharemarket's top 50.
The New Zealand Exchange said the rubber products company would be deleted from the NZSX 50 Index on May 2. Its place would be taken by Macquarie Goodman Property Trust which would also ...
Started by rmbbrave on
, 14 posts
by 7 people.
Answer Snippets (Read the full thread at sharetrader):
Although in particular Kiwi Income Property Trust and ING Property Trust are likely to report strong listed property trusts such as Kiwi and AMP Property Trust, so in a slowing economy, ING's tenants it the second-....
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Legalities
A trust is not a legal entity. It is composed of a trustor, who fashions the trust deed (The rules of the trust), trustees and beneficiaries. Beneficiaries are kept from public record, banker eyes only.
How does it work?
The benign aspect of...
Started by Earthbound on
, 10 posts
by 5 people.
Answer Snippets (Read the full thread at myth-weavers):
A trust can have trusts....
Earthbound,
this is gonna get boring the trustee can at their discretion choose how to distribute income from the trust.
Not provide a constant stream of income from trust to trust.
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A property held in trust for 'Mrs Smith' until she wants to sell or dies.
If the property is sold the net income is held in trust for 'Mrs Smith'.
Solicitor acts as trustee to all above events. How does the solicitor get paid to administer the trust if...
Started by Malkins on
, 7 posts
by 4 people.
Answer Snippets (Read the full thread at swarb):
Trusts administered by sols, ....
My dads Will gives 2 trusts, neither to my awareness at the moment.
The trust instrument should set out arrangements for payment, but if not the trust employs ambiguity about such arrangements.
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If a trustee for money left in trust for a mentaly disabled family member is paying money from the actual capital in a savings accounts as the income ie interest generated from the investment does not cover the amount being paid out, do they have to complete...
Started by deeandgee on
, 5 posts
by 1 people.
Answer Snippets (Read the full thread at theanswerbank):
I don't see that using capital changes....
A trust return anyway - unless HMRC have granted a waiver
If they have I don't see this changes complicated for a releativelt small amount The Trust Deed will say, or if properly prepared - should say.
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Capital gains & income averaging. Capital gains & income averaging.
Long term capital gains are not economically more or less beneficial than incomes derived from entrepreneurs steadily nurturing and reinvesting into their enterprises.
I am not opposed...
Started by Supposn on
, 12 posts
by 4 people.
Answer Snippets (Read the full thread at justplainpolitics):
Not only would solve this dilemma rather....
The corporate income tax%, and replace the income tax code with a simple 20% flat tax with an exemption of, say, $35,000.
I feel eliminating the corporate tax would solve this dilemma rather quickly .
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Plain common sense, which can't grasp!
http://www.becker-posner-blog.com/2012/01/wealth-and-income-...
"President Obama agreed in his State of the Union address, and proposed that the rich-in his case, anyone with an annual income of at least $1 million...
Started by NemesisToLibs on
, 12 posts
by 1 people.
Answer Snippets (Read the full thread at fool):
T, there will be an explosion of ....
It will be a bonanza for the lawyers who will set up all the trusts.
And less revenues will be collected.
To tax wealth, there will be an explosion of trusts, which likely will escape most taxation..
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