Forum Replies Created
Viewing 1 post (of 1 total)
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)