Search results

Do try to have yourself only make the payments. This may help, but can't hurt. Good tip from Marty Also down the track it may be possible to get him off the loan too.

Note that super is a structure not to be confused with an asset class. A super fund can buy property for example.

Thats what I was alluding to above. Where a house is purchased in the wife's name and the husband's money is used as deposit and the husband pays the loan then it would be the husband's property or at least 50% his property. The courts could construe that the wife is merely acting as trustee for...

Hi Anna If you cannot qualify in your own name then using a trust won't help, int getting finance, as the lenders look at the people behind the trust.

Assuming there will be a loan on the property, would the interest be deductible if it is a domestic situation? The answer is maybe... Will the house owned by a trust be entitled to a land tax free threshold? Not in NSW unless it is a fixed trust. QLD has different rules and the answer for QLD...

Why not buy in your name? If in the trust you will have problems such as: - deductibility of interest - Land tax issues - no CGT exemption - no FHOG - legal and tax complexity - asset protection issues - who is paying the loan? how do you set it up etc