Recent content by paulz

I don't think i have time to setup a Fixed Unit Trust in 45 day settlement.. plus there must be a downside in Unit trust... impact on me negative gearing ?.. loan application .. maybe the next purchase - will be ready for this.. I need to find someone knowledge like Terry - to plan...

Not worried about control or asset protection... Simply, trying to save minimize Capital gains for the future.. However, if there's benefits then ok.. 100% ownership to me.. and i'll enjoy the negative gearing and pay CGT in 20 years.

HI I'm looking at the benefits of Tenant in Common split with my wife (99%/1%) and then in say 15-20 years altering it to (1%/99%).. Why? to reduce the overall CGT payable if we hold the property for 25 years. For the next 20 years- I shall use it for Negative Gearing benefits, then...

Ok, so I get i cant pay myself the $50K. and it be deductible. now , that's it simply sitting in the offset...as it has to be redrawn to an account which i can write a cheque out from... and i will need to soon redraw another amount for the balancing 10% + costs.. can i use the first $50K...

Hi My questions are about Tax deductibility.. I've purchased an IP and wrote cheque for deposit - say $50K from cash savings. I'm going to have a main 80% loan for IP and then use another investment loan for the remaining 20% & stamp duty.. meaning i'll have 100% IO loan. My broker...

What are the benefits of a Unit Trust acquiring a PPOR ? We're looking at setting up Unit trust to acquire current PPOR and use funds to partially pay for new PPOR and the remaining from Cash. I know Stamp duty is payable by Unit Trust... Unit Trust then has an IP to rent, it has a loan...

Terry- Are you saying there's a method to Transfer PPOR to Wife without affecting the loan connected to the PPOR which is the security for the loan? Thanks

* This assumes that I keep the "Loan" open and I am switching across to new PPOR. - If I don't sell and transfer to spouse and then I would need to close Loan. Then she opens new Loan for current PPOR to become an IP for her. New Loan Funds go to pay for new PPOR.

Currently , I am awaiting to settlement of a IP in September 2013. This IP will have a separate 80% loan I have a current PPOR which i got a loan for the intended purpose to fund IP's i.e. say for up to the remaining 20% of the September IP I do have enough Cash to pay the 20% if...

--- I'm only looking to hold 1 property in SMSF and long term - so I suppose it will be at least until the "preservation age" 65/67

So - does it make sense to have an IP in a SMSF or not?

>> Are you saying if retirement age is 67 - then that's when it becomes CGT free.?

I'm researching at setting up a SMSF - primarily to buy an Investment Property in it for my wife & I. Strategy is to be a long term hold until retirement (15-20 years away). Who believes in the long term benefits of this over buying it in your own name.. Pros- -CGT benefits after...

Do you think a Property Accountant will be able to advise? or is this a legal question? or do I ask the ATO ?

My Wife was living in her Unit as a PPOR since 2007. This Unit was constructed by her Father and Occupancy granted back in 2007. Subdivision and transfer of title had not been completed and is finally occurring in Feb 2013. There was a Terms Contract of sale signed in April 2012, which...