JoshLeeFinancialAdviser
Region: AU
Tuesday 26 December 2023 06:44:38 GMT
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Gk :
I watched this all the way through like my family had money 😂😂
2023-12-26 08:06:24
1843
mitchgraham :
This is why my husband and I are relocating to Texas in the US. Tax here is a joke. Sick of it.
2023-12-26 14:33:56
124
wu jason269 :
Let me see if I understand correctly. To invest in a lot of property in Australia, the best thing to do is to open a company under my name, then open a family trust under the company name, and then +
2023-12-31 23:01:05
29
first last :
Who holds the trust ? It must be in a name ! Who’s name??and then they own the assets.
2023-12-26 13:16:03
2
RomanticPervert :
Is it possible to set up a similar structure with people you aren’t related to?
2023-12-27 04:33:26
23
user2068792737390 :
From start to finish, I didn’t understand a single thing
2023-12-26 14:08:50
96
Stelamanfreeedom :
At the end with the company 75000, you will be taxed upon funds withdrawn from company. tax is only defured. Only the kids help in this structure
2023-12-27 07:27:29
0
Fruitfly :
why bother with patrick’s $416 when a tax return will cost
2023-12-27 00:22:29
0
Formosa_Pools :
How does the money then get out of the bucket company?
2023-12-26 09:37:37
26
MarkAllen :
So Sarah is paying 45% tax on her income?
2023-12-27 14:59:09
6
ItsssjustJ :
What happens with the bucket company tho? Who are the shareholders? They will still have to pay tax on it as per their marginal rate just get a 30cent discount if the companies pays (fully franked)
2023-12-26 10:03:05
13
Tikra star :
Couldn’t Mark earn $19k income tax free?
2023-12-26 11:45:11
79
jakeller0 :
why wouldn't mark take min tax free income??? Trust for nothing
2023-12-27 10:22:37
0
hackar :
fantastic video as always mate! would be awesome to see what options people on a high salary have to pay minimal tax.
2023-12-26 07:50:59
44
Ang :
Excellent. Another strategy to benefit the wealthy & reduce resources to those who need them. I am in a high tax bracket & happy to pay
2023-12-26 14:00:04
7
Bob Smith Jr :
Hey Josh, great example I feel Sarah would have left Mark years ago before the trust was setup! 😂 question is if beneficiary is under 18 ie 15 who can legally work why are they limited to $416?
2023-12-26 22:56:30
0
xanthus balius :
in NSW, the land tax on the inv prop, for a trust would be about $10,000 per annum. For a prop that rents at circa $500 per week. Not tax effective.
2023-12-27 05:08:39
1
GodfatherBullys :
Why’s the dude at home in the example?
2023-12-27 12:32:32
0
Jay :
How much does it cost to start up and maintain a family trust?
2023-12-26 20:41:07
7
Natalie The Accountant :
I would have had three separate family trusts
2023-12-27 10:14:29
0
Schoey :
Great video mate! Simply explains the concepts. The structure can be way better than currently portrayed to pay less tax but concepts are clear.
2023-12-29 06:04:59
1
josht0706 :
Can you do a comparison of the total tax bill in this scenario vs no trust?
2024-01-04 09:02:13
1
Barrie Law :
Are you sure ?
2023-12-27 10:24:06
2
Jordan Clarke :
The bucket company that takes the overflow of funds and is taxed 30%, what next after that? Can it be disbursed to trustees
2024-01-01 10:48:53
3
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