SAFFA replied to the topic HDT question in the forum Legal & Accounting 19 years, 2 months ago
Thanks Cata,
Could I stream it to my partner who is not working?KLH
SAFFA replied to the topic HDT question in the forum Legal & Accounting 19 years, 2 months ago
So if the property had rental income of $25K and expenses(excluding the loan) of say $5K this would leave $20K to be streamed to the unit holder(myself).If I earned $70K/annum salary the interest costs on the loan of $19K would be deducted off my taxable income so therefore I would pay tax on $51K.
Sound right?
KLH
SAFFA replied to the topic solicitor? in the forum Legal & Accounting 19 years, 2 months ago
Thanks Richard.
KLH
SAFFA replied to the topic Family Trust? in the forum Help Needed! 19 years, 5 months ago
What would be the real benefits (besides litigation)of a discretionary trust if there are no tax benefits?
KLH