How does the idea of your hard earned cash going down the drain sound to you? If you have never taken the time to sit and think your business financial structure through, that’s exactly what may be happening to you.
True, selecting the right property investment structure is no simple task. But when you think about how much in unnecessary taxes you may be paying, the idea of not investing the time and effort to do so becomes simply unacceptable.
Paul Copeland is an accountant and a very successful property investor, he is also a long time contributor in our property networking group meetings.
As a property investor, Paul understands that the property game ultimately is about making money.
But as an accountant and director of the business advisory group at William Buck, he also recognises the important role that the right property investing structure can play in maximising profits, minimising risk, reducing taxes and planning for the future.
Because property investing structures can be complex and should be based on an investor’s individual plans and goals, Paul developed a four-step “building blocks” system to provide a roadmap to help investors decide which structure is right for them.