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A friend of mine got sued recently for his business activities, and ended up spending $30,000 in legal fees to defend himself. He could have won without a lawyer but he didn't want to put his property at risk (as it's in his name). So from his experience, I'm now obsessed with Asset...

Hi All, Another question. Suppose I want to "sell" my property to my Family Trust. Per SRO Vic requirements, I have to pay stamp duty on the sale price or market value (whichever is greater). In this case, I would need to use the Market Value. But how is the Market Value of my property...

Hi all. I read a few threads here that talk about the 6 year rule - I actually never heard about it until today! I'm wondering whether if my IP qualifies as a PPR: 2006 - Bought the property as first home buyer. Immediately lived in it for 1 year continuously. 2007 - Rented it out (I...

Hi guys, I am interested in setting up a Discretionary Trust (Family Trust) to hold my investment property. This property is currently in my name, but I would like to transfer it to my Trust (so that the trust owns it instead). What would be the stamp duty (or other transfer costs) I...