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  • Profile photo of willishome5willishome5
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    @willishome5
    Join Date: 2007
    Post Count: 3
    March 12, 2007 - 4:12 am

    Thanks Terry that is exactly what I was asking.

    Profile photo of willishome5willishome5
    Member
    @willishome5
    Join Date: 2007
    Post Count: 3
    March 11, 2007 - 7:34 am

    Thanks for the feedback.

    Another related question I have on Trusts is if a member of the trust were to purchase a PPOR in their own name (first time), and hence be eligible for the FHOG, would there be any ramifications on the Trust taking ownership of the property after one year of the date that the original contract had been signed?

    I realise that there would be implications around CGT and stamp duty on behalf of the trust, I am more interested in the implications imposed on the original owner?

    Any feedback would be appreciated.

    Regards

    Willis

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