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When you setup a trust & a trustee company, there are costs involved. Are all these costs tax deductible by that trust? Below are some of them I've got at the top of my head. Maybe there's others I've missed. 1. Setup cost of the trust 2. Setup cost of the trustee company 3. Stamp duty on...

If your 1st trust lends money to your 2nd trust to purchase an investment property, say $100k & charges interest on this money on a yearly basis at market rate. 1. Does the interest need to physically be paid to the 1st trust or can it be capitalised onto the loan amount so it continually...

If we use an example that you control 2 different entities & this all takes place in NSW. One entity has cash available and the 2nd entity will purchase an investment property. Your 1st entity will loan the cash to the 2nd entity & charge interest for this loan, with all this written up in a...

If an individual is not in a high risk occupation & doesn't have any real estate in their personal name, I'm coming to the conclusion that it would be very unlikely to be sued for whatever reason. 1. Do you think that it's a good idea for them personally to be a unit holder of a Unit Trust or...

Say someone is over 60 years old & has a SMSF that's still in accumulation phase & wanted to maximise the tax benefits of no tax: 1. If you were to invest in a managed fund, would you need to invest in a managed fund before you reached pension phase & transition to retirement pension phase, or...

If you get a mortgage taken over your property in NSW (either through a bank or lend the money to yourself from one of your related entities), can someone search & see how much the mortgage amount is for, or is the mortgage amount not searchable? I'm thinking from an asset protection point of...

1. If a company is the trustee of a unit, discretionary or hybrid trust, if it also becomes a trustee of a Self Managed Super Fund, do you see any disadvantages or asset protection issues with this? Or is it better to have a separate Special Purpose Company to be trustee of the SMSF? 2. If...

You are allowed to prepay 10 years of the annual ASIC fees for companies, whether it is a normal Pty Ltd as a trustee or a Special Purpose Company of a SMSF. Special Purpose Company pays $43/year or you can prepay 10 years for $324. Pty Ltd companies pays $230/year or you can prepay 10...

I'm wondering about a sample situation along these lines. Say there are 2 Unit Trusts which you have control over. You want to maximise your tax situation. The 1st Unit Trust has $200k in losses sitting there over a number of years which it can't be deducted until income comes in. This 1st...

I am trying to work out if you own property that is a daycare centre in NSW, where it's tenanted by a daycare business who pays you rent, as the property owner are you exempt from land tax? This is from OSR website: http://www.osr.nsw.gov.au/taxes/land/exemptions/other/ This is from NSW...