All Topics / General Property / TRUSTS

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  • Profile photo of Marty_boyoMarty_boyo
    Participant
    @marty_boyo
    Join Date: 2002
    Post Count: 43
    October 7, 2004 - 11:45 pm

    OK. Ive heard alot about setting up a trust before purchasing property.

    I already have one property and intend purchasing another soon and so on ..

    My questions are:

    1. What type of trust should I set up (its just me buying positively geared property)

    2. Why even set up a trust?

    3. Should all future properties be in a trust?

    4. Who will the trustees be (if its only me involved)?

    5. What are the tax and cost implications?

    6. What are the advantages of a trust?

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    October 8, 2004 - 12:23 am

    please see your other post for my reply.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544
    October 8, 2004 - 12:28 am

    Locked this thread and moved the original question to ‘Legal and Accounting Forum’

    Derek
    [email protected]

    Property Investment Support Available. Ongoing and never stopping. PM welcome.

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