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SAFFA

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    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

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    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

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    SAFFA replied to the topic solicitor? in the forum Legal & Accounting 19 years, 2 months ago

    Thanks Richard.

    KLH

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    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

SAFFA

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