What's your exit strategy?

Discussion in 'Investment Strategy' started by Jess Peletier, 14th Jun, 2021.

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  1. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    There are different schools of thought on this one, some say to let it run off, some say get a loan writer/broker to manage the book and some say to sell.

    Age also comes into it as well, for example, if you have owned a business for more than 15 years and aged 55+ you can sell without an assessable capital gain being applied.

    At this stage of the game, I'm entertaining the option to sell in 5+ years assuming the ASIC remuneration review on MBs is a case of "nothing to see, business as usual" and I'm thinking BID legislation and implementation by industry will play a key part in the decision being status quo.
     
    Colin Rice, 23rd Jul, 2021
    #141
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  2. MTR

    MTR Well-Known Member

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    OK. Thx
     
    MTR, 23rd Jul, 2021
    #142
  3. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    Some do if they have ginormous books. But they run off reasonably quickly so you'd want other assets, or to at least maintain the book.
     
    Jess Peletier, 24th Jul, 2021
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