All Topics / Help Needed! / Advice in structuring my property investment.

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  • Profile photo of eric1975eric1975
    Participant
    @eric1975
    Join Date: 2005
    Post Count: 1
    January 7, 2019 - 11:19 pm

    Hi and happy new year! I have got a 3 bedroom unit I bought 10 years ago as my first home and main residence. I have saved up and want to buy another one and I am avsised by friends to create a trust to hold my investments. How do I go about transferring my unit to the trust ? I would be most grateful to get your thoughts on this one. Cheers

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    January 8, 2019 - 8:17 pm

    You shouldn’t take legal advice from friends. Speak to a lawyer and find out the implications, costs and then consider whether you should transfer the title to the trustee of a trust.

    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

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