All Topics / Help Needed! / investment advice

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  • Profile photo of bohdenlukebohdenluke
    Participant
    @bohdenluke
    Join Date: 2009
    Post Count: 1

    Hi. just after some advice. just read book.  Can you create a company and sell your own house to that company and rent back.  would you ever do this?

    Profile photo of wealth4life.comwealth4life.com
    Member
    @wealth4life.com
    Join Date: 2003
    Post Count: 1,248

    First question is why would you do this …

    Second point is stamp duty …

    Why not a trust …

    Seek legal advise …

    You have obviously heard this b4 so from whom …

    I'm confused

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Anything can be done but as wealth mentioned question is why would you.

    Considerations include Stamp Duty, Land tax, loss of CGT exemption etc etc.

    To save a dollar here or there may end up costing you a lot in the first place.

    Richard Taylor | Australia's leading private lender

Viewing 3 posts - 1 through 3 (of 3 total)

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