We repeat! Do NOT land the plane during a storm!!  What do we mean by this…?   Well, in our minds, changing your investment plan due to changing circumstances is kinda like planning a flight and lifting off the runway… And then hitting stormy weather. Should you try and land the plan in the middle of the storm?!?  You’ll have to tune in to the episode to find out what we think!! Since it’s a Q&A of course we’re flying this plane over looooads more ground like…  Advice for a 16-year-old property investor?! (It’s fantastic to hear folks are having money conversations around the dinner table!)    Residential vs commercial capital gains tax: where do they differ and how can you make more gains without being taxed like crazy!   Putting property in a trust…or your name?! And what do Ben and Bryce do with their property portfolio?   Plus Ben and Bryce share their top 5 favourite books (well Bryce sneaks in a 6th one 😉) and why they reckon you should give it a go too!!   Read Ben and Bryce’s book list and the full list of questions below! 👇  So if you’re ready, strap in cos we’ve got something for everyone in this episode!!     Questions we Answer Bee on Buying in a Trust or Your Own Name  Hi Guys, it’s Bee here. We have family trust set up and (weaved?)a few of our investment property in them. We’ve recently gone to a buyers agent and they have mentioned that if it was them, they would forget about the family trust and bond in their own names to take advantage of the land tax threshold. Just wondering could please explain this further.    Anthony on What advice would you give your daughter?  Good day boys, Anthony from Adelaide here.  Well done on the show, you’re doing a cracking job it’s really impressive. I’ve been a longtime listener first time caller. I went back and listened to episodes 1 to 20 as you suggest it’s pretty well captures all the errors of my property investing. Wrong areas, Spruikers, oh dear anyway I guess investing is nonlinear I’m pretty sure next time I’ll invest with you blokes.  My question is, we are family who loves property investing, we talk about it all the time, we have our principal place of residence, we own that out right, we have three investment properties working on our 4th and my daughter would like to get into property, she’s 16 1/2, she’s at school, she got a part time job, she saved up about 12 grand so far, so in about a year she’ll have 20 grand.  My question is, what would you suggest she buys? And what kind of structure would work? So i guess really, if it was your daughter what advice would you give her?  Thanks boys    Mark Seaton on CGT on Commercial same as CGT on residential   Hi Guys! Mark is my name and I live in the Southwest Town Country (WA?)  I’ve been listening to your podcast for a couple of years. I haven’t got a everything in place although I do have a PPR and 2 rental properties. One rental property is a fixer upper at the moment which I bought at the start of COVID. My wife and I have a business and we’ve just purchased a commercial property. I am not sure if this is in your wheelhouse or not but listening to your podcast for the last year, you’ve had people talk about tax and capital gains on residential properties.  Is Capital Gains when you fit out a commercial property, the same? Do you have to keep all of these records and when you sell you property is the fit out cost come off or is that totally separate due to the fact that it’s a business as opposed to a building? Just like your thoughts on that if it’s even in your wheelhouse. Anyways, thanks guys!    Patrick on Circumstances when you would change your plan  Hi Bryce and Ben.