Daniel Carney of Goodlife Financial Advice brings you this insightful interview with Garreth Collard, Principal at EpsomTax.com
The topic in question is whether an LTC is the right ownership structure for your Residential Investment Property. We pick Garreth's brain to get to the heart of whether an LTC is right for you. A 'must see' for any investment property owners!
Topics Discussed are:
What is an LTC?
Who would benefit from setting up an LTC?
Partnership or LTC: which is better?
How do you set up an LTC?
How do you manage the LTC?
Accounting for your rental residential investment property; general taxation advice.