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  • Profile photo of troyidtroyid
    Member
    @troyid
    Join Date: 2003
    Post Count: 9
    February 19, 2004 - 5:41 am

    I already have a copy of Wealth Guardian.

    Profile photo of troyidtroyid
    Member
    @troyid
    Join Date: 2003
    Post Count: 9
    January 21, 2004 - 1:03 am

    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 investment

    How would my trust be taxed on the gift based on this scenario?

    Profile photo of troyidtroyid
    Member
    @troyid
    Join Date: 2003
    Post Count: 9
    January 20, 2004 - 12:25 pm

    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.

    Profile photo of troyidtroyid
    Member
    @troyid
    Join Date: 2003
    Post Count: 9
    January 13, 2004 - 7:52 am

    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?

    Profile photo of troyidtroyid
    Member
    @troyid
    Join Date: 2003
    Post Count: 9
    September 12, 2003 - 1:49 am

    Who are these people? Where can I find them?

    Troy

Viewing 5 posts - 1 through 5 (of 5 total)