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Reply: 2.1.2 From: Dale Gatherum-Goss Hi Marina This is a very common problem. You are right to say that the existing house will not have any interest that you can claim against the rental income. Let's assume that your primary purpose is to reduce your tax on this investment. If you sell...

Reply: 2 From: Dale Gatherum-Goss A company or trust can allow you to get a double tax deduction for things like laptop computers and mobile phones quite simply. The individual buys the item and the company/trust reimburses them. Both get a tax deduction and there is no FBT. I hope that...

Reply: 1.1.1.1.2 From: Dale Gatherum-Goss A trust, at this time, does not pay tax at all. It distributes the income to a beneficiary who may or may not pay tax depending upon that individuals circumstances. For example, children can earn $643 per year without paying tax. If you have three...