All Topics / General Property / Buying Property in a Trust

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  • Profile photo of bushrangerbushranger
    Participant
    @bushranger
    Join Date: 2003
    Post Count: 3
    October 20, 2003 - 6:32 pm

    I have 3 investment properties 2 in my name and a 3rd in a Family Trust. The benefactor of the trust is a Limited Company of which I am the only shareholder. I am about to buy a 4th in NZ does anyone have in thoughts on this type of structure!

    Profile photo of JetDollarsJetDollars
    Participant
    @jetdollars
    Join Date: 2003
    Post Count: 2,435
    October 20, 2003 - 11:00 pm

    Bushranger,

    I am recently given advise by my accountant that I should be set up hybrid discretionery trust in which you can buy +ve CF and -ve CF IPs under it. The trustee would be the corporate trustee.

    Kind regards

    Chandara
    [Keep going, you’re nearly reach the end of financial freedom]

Viewing 2 posts - 1 through 2 (of 2 total)

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