Hi all
Not sure if there is a topic about this already or anyone has any examples/people whom I can contact.
As a first-time property investor, I’m keen to get the FHOG grant down the track where I can, there are stories popping up all over of investors that have purchased multiple investment properties but can access the FHOG grant down the track:
This might be possible if all properties are purchased in a trust for investment purposes and individual homes for living in/occupying are purchased under my own name? Specifically looking for VIC, SA or TAS related information/professionals that can assist.
If anyone knows anything or can send any links my way that would be great.
Thanks
Jarred
Doesn’t need to be in a trust – the ‘loophole’ is that the definition is something around never owning a property you’ve resided in, so you can still buy investments but claim the FHOG at a later date.
This is very common and have had clients use this strategy for years without issue.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
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