Hey all,
Im not sure about whether or not this is legal, but i will ask the question anyway.
Is it possible to own a house though a trust and rent that same house from the trust? obviously there would be many tax benfits etc involved with doing this so I was wondering if there was some way of doing it.
Any information would be grealty appreciated.
Waz11.
Of course.
Do a search, there have been posts ont his a few times in the last few months. There is actually a tax ruling out on one aspect of this – the details are already posted somewhere.
Terryw
Discover Home Loans
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Waz
Have look at this thread:
https://www.propertyinvesting.com/forum/topic/11176.html?SearchTerms=unit,trust
Terryw
Discover Home Loans
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
WAZ11,
TD58 no main residence CGT exemption.
[email protected]
http://www.bantacs.com.auIf you can’t BANT TACS at lease minimise it letally
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