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  • Elysia
    Participant
    @elysiah
    Join Date: 2016
    Post Count: 3
    June 7, 2017 - 10:05 pm

    Thank you Terry, then how the gift and borrow back strategy you mentioned in your Legal Tip 115 work? If we cannot gift equity, then we gift what? Looking forward to your reply.

    Elysia
    Participant
    @elysiah
    Join Date: 2016
    Post Count: 3
    June 7, 2017 - 8:45 pm

    Hi Terry,

    Can I ask will the Gift and Borrow back strategy trigger stamp duty ( say gift the equity in the house to the trust and borrow it back)? Or without stamp duty occurring, will the Deed of gift be legally valid?
    Thank you.

    Elysia

    Elysia
    Participant
    @elysiah
    Join Date: 2016
    Post Count: 3
    June 8, 2016 - 10:10 pm

    Hi Kate and Anna,

    Any update? I purchased the course 3 days ago and not sure if I made a good decision. can you please share some experience? thank you.

Viewing 3 posts - 1 through 3 (of 3 total)