Yes, my trust owns my car. Though I would only claim MV expenses if I use the car for income producing purposes in the trust. It’s the same if you use your own car for your job and claim km’s etc.
Hope that helps.
Jonno
Still a young one to this website, and as fresh as it comes for property investing. Hopeing to get my first property by June 07. Then want to purchase at least one every six months there after whilst continuing[cigar] to work full time.
Just gotta get over the fear thing and do it!
