Gratitude replied to the topic Company or Trust for Investment Property in the forum Help Needed! 14 years, 4 months ago
Thanks Greg and Terry for your advice.Yes , we certainly want to avoid paying stamp duty and CGT. l think l have ruled out a trust fund seems very expensive with little benefit. Setting up a Company seems like a headache and costly too considering his business is predicted to make between 20- 30k as he is only working it partime. Decisions, d…[Read more]
Gratitude replied to the topic Company or Trust for Investment Property in the forum Help Needed! 14 years, 4 months ago
I think l need to set up a trust? What do others think? How much and how difficult would it be to change our existing financial structure.My husband and l own 3 properties together. We have an equal share in assets and the properties were purchased in our Individual names in our early twenties. Property 1 – Owners Home is owned outrightProperty…[Read more]