Bisse2000 replied to the topic Buying own residence in trust fund in the forum Legal & Accounting 15 years, 10 months ago
Thanks for the comments. Interesting, must say this has made me a bit interested. If I was to do this, would there be anything stopping me from charging myself a high rent in order to always have positive income in the trust so I can take advantage of all the deductions such as depreciation and interest rates? That way leftover profits can just b…[Read more]
Bisse2000 replied to the topic Creating a Trust fund in the forum Legal & Accounting 15 years, 10 months ago
Hi, Thanks for the replies.I am new to property investing, but have been reading up on the different kind of trusts available. I guess I am just finding it a bit hard to figure out where to start (solicitor/mortgage broker/accountant). I feel I am ready to take the jump, but am very determined to get the basics setup in the right way from the…[Read more]