Guidance on Structure

Morning Experts,
My wife and I have been waiting to build enough equity in our home to invest and are finally in a position to dip our toes into the market.
We have worked out a strategy and our cash flow but like all things would like to run it past an expert first.
Our problem is, which expert should we engage?
I was thinking perhaps skipping a Finacial advisor ( I have seen them in the past and found they just want to sell shares to me) and just booking in time with a tax agent to go over the best loan structure/ tax position for our strategy before engaging our mortgage broker to start the pre approval process. Are we barking up the right tree?
Any experience in this area would be appreciated.
Cheers

 

Hi @The Novice, welcome to PC. and congratulation on the decision to create wealth for family.

re loan structures, a good idea to start with a good mortgage broker first. There are many really good and experienced brokers on PC. make contact with them. they will be able to walk you through the best options.

all the best with property investing.

 

Financial planners cannot advise on structure.

You will need to see a lawyer. Tax agents can only advise on the commonwealth tax aspects but you will need more advice than this as whatever structure you use there will be non income tax aspects to consider such as land tax, stamp duty estate planning, asset protection etc.

 

Thanks for your post Terry.
I'll take a look at your other posts and appreciate your input.