really valuable information being presented here. Can't believe how financially illiterate I have been all my life! This stuff should be taught in all secondary schools. Really appreciate this podcast.
Another Great Episode Todd! Jeremy is our absolute favourite not only because of his vast knowledge and experience as an accountant but also due to his empathy towards the clients. When he is in your team , you don’t swing the bat aiming to hit the ball, instead the ball follows wherever you swing the bat. This is how much confidence we have in Jeremy. Compliments to your great hosting as well and thank you for always putting forward various questions and ask your guests to simplify the answers , so that it’s easier for everyone to understand. All the best and keep up the great work. Maria and Kamal from Melbourne!
could you please make a video showing breakdown like increasing borrowing with Morgan, around creating Investment portfolio and how would the structure look like
I just discovered your channel through this video. Case studies are extremely beneficial and I hope to see more in the future! Creating wealth includes developing habits, such as setting aside money on a regular basis for smart investments
Yes, I do currently practice modest living and prudent money management. My investments have increased by 43% over the past 19 months. But I'm nervous because I've lost money in the last month. I can't decide if I should sell everything now or wait.
Yes true, I learnt that in 2023, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $18k every month so I’ve been sticking to investing via an Advisor.
One of the most briIIiant investing advice i have ever gotten on youtube came from watching an interview with *Julianne Iwersen Niemann* on CNBC. Indeed, A solid investment strategy is like a well-planted tree it can withstand storms and still grow strong...
Great episode as always, mate. Question Q1 In a discretionary trust, can the losses be transferred and offset a gain of another discretionary trust? Or do the losses need to stay within the same trust? Q2 How long can the losses be held or trapped in a trust? Can the losses be held in a bucket company within the discretionary trust? Does a bucket company need to be set up to hold the losses or they are automatically held within the trust? A bucket company setup within a discretionary trust is beneficial for many things, especially for flexibility in distribution. So, if the losses are held in the bucket company, can it offset the gains and then be distributed? Hope it makes sense.
I'm intrigued by the conversation, but I'm curious about the $200k annual salary aiming for a 4th or 5th property. Wouldn't you run into a serviceability limit before that? Isn’t that why typically people start using a trust early on, to overcome the challenge of financing beyond the 3rd or 4th property? Or is there more insight I’m missing? Need to clarify this haha. This is a great podcast and great information, one of my favourites actually. Was just curious about setting it up early, as I’ve heard so many saying they wish they set up a trust earlier rather than later. Good work gents! 😊
Liar loans... haha there's no lies being told using this set up when it's done correctly and if there is that's not what we're talking about setting up the structure
@@pizzaandproperty1246APRA Stress Test 2025-2028 rolling is about to audit everything....see their speech early this year. They know it's rank. See the John Lonsdale speech to afr banking summit (APRA). Or we wouldn't have had nearly $80bn in Investor mortgages written since January 2024.
This is def a Jeremy question to confirm, but from what I understand it would trigger a capital gains tax event and another stamp duty payment into the new entity
Not at all mate, this is a topic that has a lot of moving parts, this episode explains a ton of them but if you're dealing with a broker and or account that doesn't understand how larger portfolios are built, you're going to hear mixed answers
I have done a lot of research on this ,if you buy in a trust you have to wait till the property becomes a neutral cashflow asset (before the accountants will sign a letter ) Realistically , properties around that 500k to 600k might have a chance of becoming neutral cash flow in the next year. Then the banks will exclude it from calculations , otherwise not possible
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really valuable information being presented here. Can't believe how financially illiterate I have been all my life! This stuff should be taught in all secondary schools. Really appreciate this podcast.
Another Great Episode Todd!
Jeremy is our absolute favourite not only because of his vast knowledge and experience as an accountant but also due to his empathy towards the clients. When he is in your team , you don’t swing the bat aiming to hit the ball, instead the ball follows wherever you swing the bat. This is how much confidence we have in Jeremy.
Compliments to your great hosting as well and thank you for always putting forward various questions and ask your guests to simplify the answers , so that it’s easier for everyone to understand. All the best and keep up the great work.
Maria and Kamal from Melbourne!
Thanks Maria & Kamal! Sounds like you’re both on a solid investing path and in good hands 😊
could you please make a video showing breakdown like increasing borrowing with Morgan, around creating Investment portfolio and how would the structure look like
I just discovered your channel through this video. Case studies are extremely beneficial and I hope to see more in the future! Creating wealth includes developing habits, such as setting aside money on a regular basis for smart investments
Yes, I do currently practice modest living and prudent money management. My investments have increased by 43% over the past 19 months. But I'm nervous because I've lost money in the last month. I can't decide if I should sell everything now or wait.
It's important to speak with a financial counselor prior to making any decisions on investments.
Yes true, I learnt that in 2023, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $18k every month so I’ve been sticking to investing via an Advisor.
I'm new to this space and i've been getting suggestions to use one for a while, how can i find a decent one like the one you use?
June Renae Matthysse is the licensed advisor I use. Just search the name. You’d find necessary details on the web to set up an appointment.
This channel is criminally underrated
Thanks bro 😊 glad you’re enjoying it!
Loving the little explainers that pop up in this one, made it easier to understand a tricky but useful topic!
Thanks Rose! glad you enjoyed them!
One of the most briIIiant investing advice i have ever gotten on youtube came from watching an interview with *Julianne Iwersen Niemann* on CNBC. Indeed, A solid investment strategy is like a well-planted tree it can withstand storms and still grow strong...
Solid words of wisdom right there!
Great episode as always, mate. Question
Q1
In a discretionary trust, can the losses be transferred and offset a gain of another discretionary trust? Or do the losses need to stay within the same trust?
Q2
How long can the losses be held or trapped in a trust? Can the losses be held in a bucket company within the discretionary trust? Does a bucket company need to be set up to hold the losses or they are automatically held within the trust? A bucket company setup within a discretionary trust is beneficial for many things, especially for flexibility in distribution. So, if the losses are held in the bucket company, can it offset the gains and then be distributed?
Hope it makes sense.
People would have a to pay a fortune for this advice. Great insight and great show.
Thanks mate! this was a fun episode to make, glad you got so much out of it 🙌🏼
Severely underrated channel. Great video mate, some very good content
Much appreciated mate 😊
Great episode Todd. Definitely asked and answered all my questions.
Glad to help mate 🙌🏼
Golden nuggets all through the episode, learnt so much! Thanks for sharing this.
Glad you enjoyed it Ankit 😊
Could we add overseas living parents as one of trust beneficiaries?
Trust is a great vehicle. But not for everyone, it’s for more advance and experience investor/business person
100% we cover this in the episode if you’re just buying a single IP setting up this structure is probs not for you 😊
Great sesh team ❤😊
If I have to stick to one subscriber on TH-cam about property, I am stick to this one. Thanks again Todd for a great video!
Thanks bro 🙂
Todd i can't find the show notes, where are they?
Hey mate, show notes refers to the description below the video 👍🏼
Haha this hit home… I just bought a 5.5T excavator yesterday, do live on a farm however
I'm intrigued by the conversation, but I'm curious about the $200k annual salary aiming for a 4th or 5th property. Wouldn't you run into a serviceability limit before that? Isn’t that why typically people start using a trust early on, to overcome the challenge of financing beyond the 3rd or 4th property? Or is there more insight I’m missing?
Need to clarify this haha. This is a great podcast and great information, one of my favourites actually. Was just curious about setting it up early, as I’ve heard so many saying they wish they set up a trust earlier rather than later. Good work gents! 😊
Yeah, it smells like "liar loans". They will get found out soon.
Liar loans... haha there's no lies being told using this set up when it's done correctly and if there is that's not what we're talking about setting up the structure
@@pizzaandproperty1246APRA Stress Test 2025-2028 rolling is about to audit everything....see their speech early this year. They know it's rank. See the
John Lonsdale speech to afr banking summit (APRA). Or we wouldn't have had nearly $80bn in Investor mortgages written since January 2024.
@@pizzaandproperty1246 when being key word. Assume that I'm.having words. This party will stop.
That's just like anything then mate, drive your car at 180km you're getting in trouble, doesn't mean driving a cars bad
Best info thus far mate! Think you kicked a goal with this video…I wonder if these guys will be replaced with AI Agents soon.
I'm guessing we can't transfer our own name IP's into a trust after the fact without having to pay capital gains and stamp duty?
This is def a Jeremy question to confirm, but from what I understand it would trigger a capital gains tax event and another stamp duty payment into the new entity
I’m heard people this all the time. When I speak to my broker and accountant they say something different. I’m not understanding something.
Not at all mate, this is a topic that has a lot of moving parts, this episode explains a ton of them but if you're dealing with a broker and or account that doesn't understand how larger portfolios are built, you're going to hear mixed answers
I have done a lot of research on this ,if you buy in a trust you have to wait till the property becomes a neutral cashflow asset (before the accountants will sign a letter ) Realistically , properties around that 500k to 600k might have a chance of becoming neutral cash flow in the next year. Then the banks will exclude it from calculations , otherwise not possible
Jez is a goat 🐐 at explaining
Yeah he’s not baaaaaaad
See what I did there 😉
@@pizzaandproperty1246 dad joke game is strong ser 🫡😂
Is Jeremy taking on new clients?
I think so but, you'd have to ask I think there's a link in the show notes 🙂
I feel like he missed the opportunity to call his firm, "Trust Me, Bro" 😅
🤣
Great info! Thanks for the video 😄
Glad it was helpful mate 👍🏼
Such an incredible episode. So well explained. Really appreciated. 🏣🏘️🏣
Glad you enjoyed it!