Buy through company or personal?

You need to get some advise from either a good property accountant or a solicitor who is a structures expert. However in a nutshell a few years ago there were mager changes to capital gains tax rulings. If you own a property in your own name or a trust and you keep the property for at least 12 months you are only taxed on 50% of your gain or profit. In other words you get 50% free of tax. If you buy in your company its true that you will only pay 30 cents in the dollar however when you sell ou will be taxed on the entire gain 100%. This was done to discourage large companies from buying up property. For unless you are certain that you will not sell for most people in Australia buying in a company may not be the best way to go. I stress that you need advice as your position may be different based on income ect

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Yes
Soloman, a trust is the way to go if you are going to do more than a couple of deals.(it does cost a bit to run, ie accountants fees.)

What happens is you set up a new trust then you set up a new Pty Ltd company(one which hasnt traded before.
Then the company becomes the trustee for the trust.Then you as an individual (having a good income on paper and no assets in your personal name) can go as gaurantor on the loans for yr propertys,Thus keeping you safe from possible sueings.
Also if you have mortgaged out fully in one trust,you can then start another one useing someone elses name(poss a family member).This allows you to go gaurantor on more loans with many financial institutions,which allows you to buy many properties
(but be careful,Dont go in without wisdom!)

Regards
Dematio