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  1. oracle

    We can meet : Michael Yardney Event this Sat

    Don't know...But I am assuming a lot. I am just building up my knowledge regarding various options available and will decide which option to go with when I am ready. Cheers, Oracle.
  2. oracle

    We can meet : Michael Yardney Event this Sat

    What I meant was is there a better way to protect yourself if assets bought in personal name, without huge costs of stamp duty and CGT. Cheers, Oracle.
  3. oracle

    We can meet : Michael Yardney Event this Sat

    Is there a way to protect yourself with a machine gun during a home invasion? Cheers, Oracle.
  4. oracle

    We can meet : Michael Yardney Event this Sat

    I don't know...you tell me...I am no accountant/lawyer. What exactly does the Equity Bank Trust do? Cheers, Oracle.
  5. oracle

    We can meet : Michael Yardney Event this Sat

    Thats good to know. It's just another strategy investors can use if they have significant equity all under their personal name to gift it to a trust even though they have no immediate threat to being sued. The earlier they do it the better it is. Much better option than to pay stamp duty...
  6. oracle

    We can meet : Michael Yardney Event this Sat

    Fair enough. But what about gifts given over a long periods of time 5-10yrs when there was never any threat of getting sued? The point is you don't go digging a well when you are thirsty. You start digging it well before. Cheers, Oracle.
  7. oracle

    We can meet : Michael Yardney Event this Sat

    You buy $100K property with $20K deposit and $80K bank loan. Your equity in property is $20K. This is what you gift to the Equity Bank Trust. The other $80K is loan to the bank. So to answer your question. No, the 20% deposit is not at risk as you have already gifted it to the Trust, so you...
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