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  1. Terry_w

    Tax implications ? sale of overseas property

    Asset protection upon bankruptcy and divorce. You could reduce the chances of you losing the money by borrowing it from your parents with the parents having a mortgage over your property, behind the banks, to make them secured creditors. This could be at nil interest. If they are in a foreign...
  2. Terry_w

    Tax implications ? sale of overseas property

    Consider asset protection upon bankruptcy and divorce. Tax strategies, estate planning strategies, asset protection tied in too. Debt recycling involved borrowing money to invest rather than using cash.
  3. Terry_w

    Tax implications ? sale of overseas property

    No taxes on gifts in Australia. But you should consider whether this is a good idea or not.
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