Hey guys I already own a house but am looking to set up a family trust and transfer the
finance to the name of the trust. I am in Perth and looking for a good accountant, not knowing too
many people that invest in property in Perth im after a point in the right directionHi MAQ
Firstly welcome to the forum.
Cant recommend an Accountant unfortunately but it is not as easy as that.
It is not a matter of just changing the name on the finance into a Trust name unless the property is also held in that entity.
Selling the property to a DFT will incur Stamp Duty as well as possible CGT so might want to think twice before rushing in.Richard Taylor | Australia's leading private lender
MAQ-WET wrote:Hey guys I already own a house but am looking to set up a family trust and transfer the
finance to the name of the trust. I am in Perth and looking for a good accountant, not knowing too
many people that invest in property in Perth im after a point in the right directionWelcome MW try Chan & naylor do alot with various trusts. accountants that are very much into property investments.
Just make sure you avoid their PIT if you want to finance the deal in future as choices wont be great.
Richard Taylor | Australia's leading private lender
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