When you buy an investment property you have to decide how you are going to own the property. Will it be in your name, a self-managed super fund, a company or even a trust? Each one has their own pros and cons so you need to weigh up what works for you. Solid advice is hard to find on this topic but when we were approached by Alan an avid property investor it was too good of an opportunity to pass up. Alan explains in simple terms how to determine what ownership structure works for you. Enjoy.
You would think making the right investment choice is the key to a successful property portfolio. But having the best ownership structure could be even more important to your portfolio’s profitability.
The options can present as a mine field, so getting the right professional advice ahead of your first purchase is critical to minimise tax.