troyid replied to the topic Purchasing with trading company in the forum General Property 20 years, 9 months ago
I already have a copy of Wealth Guardian.
troyid replied to the topic trusts in the forum Help Needed! 20 years, 10 months ago
As an example, say I have $200,000 profit in the trading company.
Could I gift this to the trust and then divide as follows
$50000 to myself
$100000 to 2 other people
$50000 property investmentHow would my trust be taxed on the gift based on this scenario?
troyid replied to the topic trusts in the forum Help Needed! 20 years, 10 months ago
What about if I have a trading company that wanted to give money to the trust to invest with. Can I just give it to the trust or do I have to loan it?
By the way what is the advantage of having a trust the 100% shareholder of the trading company rather than myself.
troyid replied to the topic Company investing in the forum General Property 20 years, 10 months ago
Hello,
Thank you Mel and Sis.
I have a discretionary trust, and have just checked with the ATO regards the interest rate required to please them.
Why can’t I use the discretionary trust to purchase negative geared property?
troyid replied to the topic Location challenged in the forum The Treasure Chest 21 years, 2 months ago
Who are these people? Where can I find them?
Troy