Today Ken Raiss and I are diving into a crucial topic for anyone looking to purchase property in Australia: choosing the right property ownership structure.
So whether you're a first-time investor, a seasoned buyer, or even planning a family purchase — this episode is for you.
We discuss various ownership options, including trusts and companies, and highlight common mistakes investors make.
The conversation emphasizes the need for professional advice to navigate these complexities and ensure long-term success in property investment.
Takeaways
· Understanding ownership structures is crucial for long-term wealth.
· Time is a valuable asset; treat it wisely.
· Tax efficiency can significantly impact investment returns.
· Trusts can provide flexibility and protection for assets.
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