Search results

Thanks for those comments Terry. Also like your precis on your other post re property ownerships Transferring will result in CGT and Stamp duty. You also have to consider other aspects such as if you gift there will be no deductibility of interest on any loan on the gifted portion. If...

Whether it is a good idea or not is another question. well I thought it;d be a good idea for the reasons mentioned and as an after thought , in the right circumstances you could make a taxable contribution into super and trade off the equivalent CGT that would be triggered by some of the...

Gday Alexee, Unit trust allows me the option to have my other children involved at a later date if they were interested. I thought I could gift it ie not receive money but of course be liable for CGT The Unit trust is empty ( had been set up by me for an IP that has been sold and so it...

Does anyone know if it would be relatively easy (or possible) for me to form a tenant in common relationship between myself and a unit trust (in which I hold an interest) with regards to an IP already owned by me and held in my name? My thoughts are that I could sell off some of my ownership...