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  • Profile photo of YllenkYllenk
    Participant
    @jamesknell
    Join Date: 2016
    Post Count: 2
    November 23, 2016 - 11:53 am

    It seems that majority of people are of the opinion that an old tired property in need of a renovation is the best investment – however a minority are looking to buy renovated properties. So why buy a property, renovate it and then sell it, if no investors are looking for renovated properties? Based off this poll, it would appear that you would be smarter to hold onto the old tired property and do nothing to improve it and hence making it appealing for investors.

    Profile photo of YllenkYllenk
    Participant
    @jamesknell
    Join Date: 2016
    Post Count: 2
    November 23, 2016 - 11:32 am

    My understanding is that a trust cannot distribute taxable losses – meaning that you cannot negatively gear any losses against your personal income. You could however negatively gear these losses against other cashflow positive assets held in the trust.

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