As you invest, you buy yourself a day off when you have to work... I pray anyone who reads this will be successful

@dennis1brown171

2 жыл бұрын

Most intelligent word I have heard today,I can bet nobody has made more than me from investment

@dennis1brown171

2 жыл бұрын

I’m also thinking of retiring from work soon,my boss won’t see me again 🤣🤣

@ralphanthony6122

2 жыл бұрын

@@dennis1brown171 Funny...😂 what made you think nobody else has made more money than you,and why do you want to retire?

@dennis1brown171

2 жыл бұрын

Retirement is the freedom to do the things you actually enjoy. And making life more easier

@dennis1brown171

2 жыл бұрын

I have found a reliable and trustworthy trader... making profits in crypto is now easier.all thanks to Mrs ivanova

Thank you for this Ravi! Answered my question on a previous video

Thankyou for the great information. The land tax component was very interesting.

FYI u don't pay landtax from day 1 in QL there is still a tax free threshold of $349,999.

I was definitely one of the people going into this video thinking, "what the heck is a trust structure?". Thanks for the video 😁

This would be more valuable if you gave simple and clear examples as you explain each aspect of this video . As someone who has never heard this and is trying to learn it’s very fast and uses new techniques

Spot on as usual. I wouldn't buy without one.

I wish I had a friend like you in my life

Great episode Ravi really informative as usual. Thankyou for spreading this knowledge for free

Some properties can only be owned under a trust structure because of their location or for heritage protection reasons so the true owners in that case might be a public heritage trust organisation within the government or the local city council that operates in that location.

Ravi I have had trusts before. The ongoing accountants fees was very high.

I🥰 love🥰 it!

Can you do a video on living trusts please

Hello Ravi, I have an interesting scenario. Keen to know if you are interested to hear.

The video is outdated and incorrect eg land tax exemption rules. Plus you missed biggest benefit of trust which opening up borrowing capacity if maxed out under individual name

Hey Ravi. How about offshore real estate through an Australian trust? Any experience with this?

Can you carry a loss such as a renovation over in a family trust.

Hi Ravi, I personally use trusts to buy in QLD and WA, while using SMSF to buy in NSW. Thanks for sharing your thoughts.

@KshitizCasey

7 ай бұрын

What is your reason fo buying using trust to buy in QLD?

@sujaygulwadi5252

7 ай бұрын

@@KshitizCasey using a family trust to buy property in QLD and WA allows the land tax free threshold to be applied to individual trusts entities. Hence you are able to multiple properties in QLD and WA and never pay land tax.

@ekkk9536

5 ай бұрын

@@sujaygulwadi5252hi. What’s the criteria for setting up a trust.? Requirements of individual ?

@varuninnz

2 ай бұрын

What about QLD ​@@sujaygulwadi5252

@varuninnz

2 ай бұрын

PLEASE ANSWER I've been watching your videos and love it. I'm considering buying a house in VICTORIA OR QLD wherever the price is within my budget. My question is what about buying property with a family trust outside your state. For example let's say I setup a family trust in NSW. Then buy property in QLD or VIC (Melbourne) 1. Do I get charged stamp duty if it's owner occupied. Given I've purchased this property in a trust? 2. What about paying land tax? Do I pay more land tax if I buy it with a trust especially if the trust was setup in NSW.

Hey Ravi, first of all thanks for your amazing content. My wife and I are planning to purchase our first home soon and we'd like to know how we can hire your buyers agent services. We had a look at your website but couldn't find this specifically. thanks

@PersonalFinancewithRaviSharma

2 жыл бұрын

Shoot me an email bud :) Ravi@searchpropertyau.com.au Thank you for the kind words 🙌🏽

PLEASE ANSWER I'm considering buying a house in VICTORIA OR QLD wherever the price is within my budget. My question is what about buying property with a family trust outside your state. For example let's say I setup a family trust in NSW. Then buy property in QLD or VIC (Melbourne) 1. Do I get charged stamp duty if it's owner occupied. Given I've purchased this property in a trust? 2. What about paying land tax? Do I pay more land tax if I buy it with a trust especially if the trust was setup in NSW.

Damn there's a lot of bots in these comments... A trust doesn't provide any asset protection unless the trustee is a company and not an individual and even then, your 'seed capital' of the trust is at risk of legal claims. Regardless, asset protection is a pointless benefit for 95% of the population working a regular job.

Love the video, but it is not all correct. You do get a threshold i Qld if buying in a trust, but the amount is just less - 350.000 and not 600.000 as if you buy in your own name.

Hi in NSW a family trust gets the tax free threshold @ 1m in 2024. If you go over with multiple properties , just gets another trust for the next propery

@varuninnz

2 ай бұрын

Hey bro where does it mention this. ARe you able to share a link? Also what happens if you setup a trust registered in NSW and then buy property in VICTORIA OR QLD?

Ravi. Please do a video on crypto. What are we investing in this big dip ?? Lets create new generational wealth !!

Would I still be able to do negative gearing when the investment property is under a trust?

@Stevanasorous

Жыл бұрын

Not against your personal name, the losses are trapped in the trust structure

Love your content! Does setting up a trust account protect me from potential partners (girlfriends & wives) having entitlement to the asset? For context, i'm a 25yr old male who wants to buy his own home by himself, but doesn't want the risk/headache if a future partner moves in then later down the track tries to take part of my house from me... thank you

@xexclusiv3x

2 жыл бұрын

Yes it would protect you. As long as the person isn't on the beneficiaries list on the trust.

@Rekke_yt

2 жыл бұрын

@@xexclusiv3x I don't think that's correct. From my understanding, these structures are often looked past by the family court if a decision is made. Pre-nup is what you may need to look at - but these can also become invalid with changing circumstances. Need to get personal financial and legal advice. Ben, I believe it is is assessed on a case-by-case basis, and depends on how much contribution your partner makes to your finances and how combined your finances are. Suggest looking up online there is plenty of information.

@kroenkeout708

4 күн бұрын

Trust and prenup.

Lol wtf. My wife and I were talking in the car about this exact subject. Now this video pops up..

Is it possible to transfer properties later from individual ownership to a trust?

@PersonalFinancewithRaviSharma

7 күн бұрын

Yes, however you will have to pay stamp duty and taxes if applicable.

Hi I m self employed and I ask few bank about first home loan but they said we can’t lend you anything. What should I do ? Plz advice me thanks

@vikramattri1166

10 ай бұрын

Approach a mortgage broker

@darshirathod1213

10 ай бұрын

@@vikramattri1166 thanks for reply

Can you pay yourself with the passive income from the properties in the trust ?