awtm replied to the topic About to buy my first property – advice on trusts in the forum Yes I’ve just now read about 14 years, 7 months ago
Yes I've just now read about getting IP's into a SMSF, though the trust needs to be a unit trust.Would this work?? (Assuming the property was a long term keeper)1- Buy each property in a unit trust. (where available the land tax threshold would apply each time then) 2 – Have the units owned by a FDT if positive. orHave the units owned by my…[Read more]
awtm replied to the topic About to buy my first property – advice on trusts in the forum Legal & Accounting 14 years, 7 months ago
Terryw wrote:
Unit trusts have no protection because the unit holder holds a fixed interest in the assets of the trust. But you can still obtain asset protection by having the units of the unit trust owned by a discretionary trust.If the property was negative, using a unit trust would filter down the tax benefits. But if the units were owned…[Read more]