samuroo replied to the topic Loan under a trust in the forum Finance 20 years, 6 months ago
So the 30% CGT when you sell as a company, what would it be under a trust?
First, the CGT discount applies which means
50% of the gain is not assessed for tax.The remaining 50% will be taxed at each
beneficiaries marginal rate.eg. B1 is on %30 rate. Half of her distribution
is not assessed. The other half is assessed at
30%, meaning she only…[Read more]samuroo replied to the topic Living with a high level of debt… in the forum The Treasure Chest 21 years, 3 months ago
Umm…
10 homes x $50/mth =$500, not $2000.
Did you mean 10 homes @ $200/mth ?
Rob O.