Forum Replies Created

Viewing 1 post (of 1 total)
  • Profile photo of alferalfer
    Participant
    @alfer
    Join Date: 2008
    Post Count: 4

    Thanks for all the help.  In answer to some of the questions I have put and/or nominee on the contract so no problem there.

    As for what you said Terryw in that the trust cannot distribute losses, is that relevant because won't the trust be making a profit?  The trust owns the property and receives rent in the form of income but does not incur many expenses because the mortgage interest is paid by us.  Or am I wrong in saying this?

    I'm really struggling to see the advantage of purchasing in a trust other than the asset protection especially if you can't negatively gear it?  Is the reason you can't negatively gear it because it doesn't incur many expenses?

Viewing 1 post (of 1 total)