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  • Profile photo of chalkergroupchalkergroup
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    @chalkergroup
    Join Date: 2010
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    Beautiful thanks Terry.

    Profile photo of chalkergroupchalkergroup
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    @chalkergroup
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    so as a whole the trust would or would not be entitled to the 50% CGT discount?

    Profile photo of chalkergroupchalkergroup
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    @chalkergroup
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    Thanks Terry.

    Helpful info. Also are there CGT advantages apposed to holding a property as an individual?

    Profile photo of chalkergroupchalkergroup
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    @chalkergroup
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    Cheers Terry thanks for that information.

    Mate would you be able to tell me abit about the benifits of having a discretionary trust setup (because i think a discretionary is what im going for) rather than buying as an individual?

    Profile photo of chalkergroupchalkergroup
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    @chalkergroup
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    Thanks for the replys guys. Well what i am trying to achieve is with my family members start a positive cashflow portfolio consiting of holiday rentals and uni boarding style accomadation. Also a few renovation projects would be instore as i am a qualified builder. So some buying renovationg and quick selling will be eventually instore for us.

    Profile photo of chalkergroupchalkergroup
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    @chalkergroup
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    because you are making a capital gain bud?

    Profile photo of chalkergroupchalkergroup
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    @chalkergroup
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    Thanks Terry.
    I have a group of potentially 6 people, is a trust still advisable?
    Also could you tell me some advantages of both?
    Thankyou

    Profile photo of chalkergroupchalkergroup
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    @chalkergroup
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    I see. So the money in the offset account lowers the repayment costs?
    but as soon as the money is out of the account and used for another purpose say a deposit on another property the repayments will go back up?

Viewing 8 posts - 1 through 8 (of 8 total)