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Hi All, I just quite confused the monthly rent payment method. Pay rent monthly is quite normal for tenants to pay their rent. For a property rented at $700 p.w. or $100 per day, the monthly rent is ((700/7) x 365) / 12 = 3041.67 p.w. If Tenant A stay from 1/1/2013 to 30/6/2013, and...

Hi All, As the title, I don't know whether it's legal and possible for: A family trust owns all shares of a company, also the company is a beneficiary of the trust:confused: As a family trust, you need to distribute all taxable income to beneficiaries otherwise the trust will be taxed on the...

Hi All, I 100% own a private company with 100 shares, now I wish my parents can receive some dividends as they have no income. I notice there are lots type of shares. like type I: no vote, no equity, dividend only I want my parents received dividens but I still want control my company...

Hi guys, Just a bit confused about the loan repayment for family trust. Assume there is a family trust have income 100k per year. The family trust also have a loan from bank around 500k. The interest is 40k per year. As interest is like cost, it can be deducted directly from income...

I have a family trust, Can I use it buy property and rent back to myself for Negative Gear, And how about I pay off the mortgage Hi guys, Just get a bit confused under following condition: I want use family trust buy a property to live in, so I can rent from the family trust and the...

Centrelink treat Trust's Assets as Beneficiary 's? Hi guys, not sure whether is ok to post it here. I am preparing to found a Family Trust and like ppl says,I should put as many people as I can think as Beneficiaries. (Because only Trustee can decide who get income,Beneficiary can...