A query on property finance for business owners, lets say one takes a view that they prefer to own property in their own name but their income comes through their business in a pty ltd. Lets say the pty ltd earnings are $250k and the owner typically pays a dividend of say $100k to provide themselves income personally.
The relatively lower cash an income in their personal name can be a limit to buying power. Could once perhaps borrow additional capital in their own names as a secured loan, secured against cash and other liquid assets held in the pty ltd? The purpose of those is to avoid paying excessively high marginal income tax in your own name. Appreciate thoughts and feedback.
The relatively lower cash an income in their personal name can be a limit to buying power. Could once perhaps borrow additional capital in their own names as a secured loan, secured against cash and other liquid assets held in the pty ltd? The purpose of those is to avoid paying excessively high marginal income tax in your own name. Appreciate thoughts and feedback.