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Reply: 2.1.1.1.1.1.1.1.1.1.1 From: Owen . >>> And you still personally carry the finance at a higher amount and thus can still claim the extra amount back from the company as "Principle Payments" tax free.<<< So you charge yourself interest then (my next question). I assume the vendor...

Reply: 2.1.1.2.1.1.1.1.2.1 From: Owen . On 3/13/02 2:56:00 PM, Robert Forward wrote: >The post I put about >transferring a property across >and carrying finance can also >turn a company into a neutral >tax position. > >And this way you have tens of >thousands of dollars coming >into your...

Reply: 2.1.1.2.1.1.1.2 From: Owen . On 3/13/02 2:24:00 PM, Dale Gatherum-Goss wrote: >Hi Duncan! > >No, a trust and company can do >much the same in this regard. >However, a partnership does >not allow the same flexibility >because "mum and dad" are not >employees of the partnership. > >Dale...

Reply: 2.1.1.1 From: Owen . Hi Dale, Following on from Even Stevens post, what if the asset held in a trust is negatively geared? If the trust is not making any money (initially) and a property held in it is in negative cashflow, then there can be no negative gearing tax benefits. No...