56 | Q&A - Exiting a contract, crowdfunding, what's the impact of global events on Australia Property Market and more

The Property Couch

It’s Q&A time! This week on The Property Couch, Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. Thanks again for submitting your questions!

• Exiting a contract question from Alex.
• Crowdfunding questions from Carol: What is “crowdfunding” and how will it work?
• Ownership questions from Rob: What property ownership structure should investors use when buying an investment property? Individual, trust, company etc. Is there a need to balance tax advantages with long-term asset protection on this issue?
• Global events question from Cookie.
• Case study question from Chris: Brief Bio – 33 yrs old. Married with one child, live in Sydney, and work full time. Have three properties. Two in Townsville building one in Melbourne currently. Currently renting in Sydney as units where we want to live sell for $800k to $1 million. However, we can rent and invest. We put all our money into our offset and pay out the credit card at the end of the statement period.
  • Question 1 – with the house I am building in Melbourne. Will I ever be able to claim back the GST I paid in the building contract?
  • Question 2 – With one of my properties in Townsville I am concerned that our body corporate fees are way too high. How do I compare if this is the going rate in our market?

References:

• Episode 8 – Investment stock vs investment grade
• Episode 48 – Different property investment structures
• Bryce on The Today Show – Double trouble for the property market
• If you are interested in the 2016 Outlook for the Global Economy, do check out our videos here.

If you like this Q&A episode, don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here:

LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/
FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>
FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again
FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube