Hi All,
Question for the experienced masses...
I currently have two properties and looking to buy a third (or 3 more in the next say 6 years in various states) and was looking to house these investments in an investment vehicle of some sort. My reason for doing so is tax minimisation as well as setting up something for my retirement and future generation, with my investment strategy being more buy and hold at this stage.
Going through the numerous vehicles out there (companies, trusts etc), there does not seem so be one that fits my exact specifications. Either it costs me now (lost deductions) and saves me later (CGT / income distribution), or saves me now in tax and may potentially cost me later (stamp duty / land tax / asset protection).
I wanted to post this to get a gauge of what other people have done in terms of their own property portfolios and why you chose to go that route (ie companies, trusts etc). It seems that there are alot more people with bigger portfolios than mine so it would be interesting to see what structures and issues people have faced in their scenarios...
Cheers,
Matt
Question for the experienced masses...
I currently have two properties and looking to buy a third (or 3 more in the next say 6 years in various states) and was looking to house these investments in an investment vehicle of some sort. My reason for doing so is tax minimisation as well as setting up something for my retirement and future generation, with my investment strategy being more buy and hold at this stage.
Going through the numerous vehicles out there (companies, trusts etc), there does not seem so be one that fits my exact specifications. Either it costs me now (lost deductions) and saves me later (CGT / income distribution), or saves me now in tax and may potentially cost me later (stamp duty / land tax / asset protection).
I wanted to post this to get a gauge of what other people have done in terms of their own property portfolios and why you chose to go that route (ie companies, trusts etc). It seems that there are alot more people with bigger portfolios than mine so it would be interesting to see what structures and issues people have faced in their scenarios...
Cheers,
Matt