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    Trusts and Negative Gearing

    Reply: 2.1.1.1.1.1.2.1 From: Robert Forward Hi Terry Those extra bits about CGT etc were put in after Dales comments. It would be best for him to answer those questions actually. >I am having difficulty >wrapping my mind around what >you are saying. Are you saying >sell an IP with a value...
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    Trusts and Negative Gearing

    Reply: 2.1.1.1.1.1.1.1.1.1.1.1 From: Robert Forward Hi Owen. If you charge your company interest then you will pay tax on the interest component. If you just contract it that the company/trust pays you "Principle Payments Only" then all that is happening is it's a return of capital and thus...
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    Trusts and Negative Gearing

    Reply: 2.1.1.1.1.1.1.1.1.1 From: Robert Forward So that works even better for selling across to a trust at an inflated price. Even if you agree to carry a portion of the finance for the trust on an overpriced property of lets say 50% you will still only pay CGT on the market rates. Market...
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    Trusts and Negative Gearing

    Reply: 2.1.1.2.1.1.1.1.2 From: Robert Forward 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 pocket tax free. Cheers Robert The Sydney...
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    Trusts and Negative Gearing

    Reply: 2.1.1.1.1.1.1.1 From: Robert Forward Yep, that is fine cause you are selling the property at above market rates from your name to your company/trusts name. At no stage should you be hit with that problem cause it's at arms length and above market values. Cheers Robert The Sydney...
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    Trusts and Negative Gearing

    Reply: 2.1.1.1.1.1 From: Robert Forward Here is a scenario that is out of the box that may help with these situations. Please DO NOT take this as advise, it is only posted as a suggestion and that you need to take this information to your accountant and have them work out the details...
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