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  1. Piston Broke

    nature name to trust

    Once you sell your property, you no longer own it, the borrowed funds are not used for earning income, therefore you cannot claim income nor expenses. BS from that site: "here is a unique Tax Intelligence™ trick" There is no such thing as a "unique trick", there's different ways to do the same...
  2. Piston Broke

    nature name to trust

    Does "transfer" mean sell? You can negative gear anything. But losses can't be tranferred outside a trust.
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