Thanks Linar.I understand now how significant the transfer costs are. I bougt my first property before the boom and it has risen in value to about 190% – 200% of what I paid for it. Can I 'gift' or 'donate' the property to the trust? The CGT I would be liable for has taken the wind out of my sails. How gan the CGT be minimised?

Thanks you everyone for your comments!This costs listed in the above comments sound more reasonable – my reluctance to do this was from seeing a quote from a well known accountancy practice with costs ranging from $1650 to $4400 to establish and $1000 + time to complete a tax return (TR). If I am looking at $50 per week +ve cashflow after all…[Read more]