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No I meant if company is taxed at 30%. But just did quick check on dividends taxation. As DH is in highest tax bracket, dividends would be taxed overall at highest tax margin. (for him personally less the amount company has already paid, but overall for us still the same). That would mean no...

If it was a unit trust, would that still provide good protection, given that there is a company y separating DH and trust?

No guarantee but reasonable expectation if it taxes at 30%. Just going to go check that out now

Oh as in it is usually trust that borrows funds.. Gotcha

Yes, but isn't that the case if we were to just buy under a trust regardless? The whole idea is to separate you and your assets

Security for loan would be the property we are to buy. Additionally we would split /refinance our home loan for the deposit.

Thanks you for your thoughts everyone. Lots to think about I am looking at all things mentioned, but just on these two points I believe that the expectation of income is because the company is a beneficiary of the trust. It would get an income after a number of years. Probably the plan is...

Got back from accountant. His solution was for Hubby to borrow 100% of the purchase price. Buy the same number of shares for $1 in company. Company then lends funds to a discretionary trust to buy property. So the loan is tax deductible an for Hubby and we have house in trust and the income...

Cash flow properties I'm planning on locking down tight. By then DH I'm hoping will be a convert to the property game and less compromises will need to be made.

Asset protection isn't as important for the first few I think as the are capital growth properties. Any time I get a build up of equity I'm planning on taking it to buy more property. (held in other structures and assuming I'm allowed to) Having said that, DH is in an occupation where asset...

Apparently. If I went to a lawyer they would be fabulous at the asset protection side and not so hot on the accounting side wouldn't they? (think I'm being eaten alive at every post here. Good thing I guess in that I get saved from my own stupidity)

Hi, Going to see our accountant tomorrow morning about setting up asset protection. I asked today on the phone what he would recommend off the top of his head. He mentioned we should buy under hubby's name so we can deduct everything, then buy shares in a company, which would then lend money...