bjsaust replied to the topic Accountant/Lawyer etc in Ballarat – any recommendations? in the forum Legal & Accounting 15 years, 3 months ago
As far as I'm aware none of my friends/family use an accountant for anything other than basic Tax purposes, and even then aren't happy. None of them do any investing either.
bjsaust replied to the topic Newbie at Investment Property in the forum Help Needed! 15 years, 3 months ago
Qlds007 wrote:
Hi BenRegretfully not. If an when you sell the PPOR and it is held in a Trust entity it becomes a Taxable asset for CGT purposes.Oh, thats ok. I dont plan to ever sell or move out of this home (I guess things could change but plan is this is it). I'm just trying to work out what the advantages of selling to the trust are?
bjsaust replied to the topic Newbie at Investment Property in the forum AndrewBuysHouses wrote:Now, 15 years, 3 months ago
AndrewBuysHouses wrote:
Now, if property investing is going to be something that you see yourself doing a bit more of, then you have another more complex strategy that is your best bet (in the long term). Ok, big breath…..here it is!Basically, you set up asset protection structures (trusts and stuff), and then you sell your current PPR into…[Read more]