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  • Profile photo of SamsonsSamsons
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    @samsons
    Join Date: 2010
    Post Count: 4
    May 9, 2010 - 12:44 pm

    Thank you Terryw,

    It looks like the best option is to sell the family home and put all the money into the new house. Then later on look at investing in something else.

    Cheers,

    Sam

    Profile photo of SamsonsSamsons
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    @samsons
    Join Date: 2010
    Post Count: 4
    May 9, 2010 - 7:22 am

    Hi all,

    Very interesting forum! I have one question. As per my previous question whether I could transfer my own home to make it an investment property and reading that that is not possible, what if you have a family trust? Can you transfer your home to it and rent it out through the Trust then any profit made, couldn't you distribute it to the different members of the family trust and therefore reduce your tax?

    Sam

    Profile photo of SamsonsSamsons
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    @samsons
    Join Date: 2010
    Post Count: 4
    May 7, 2010 - 10:54 pm

    Hi Everyone,

    It makes sense now. Thank you for all your comments.

    Samsons

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