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  1. Terry_w

    How to structure a negatively geared property

    Depends on a few things. Was there any with of insolvency, did the purchaser know, was it done with the intention to defeat creditors, was consideration paid, was it paid at market value, related parties etc.
  2. Terry_w

    How to structure a negatively geared property

    This could be true. If a husband buys a property in the wife's name and pays the deposit and pays mortgage then it is really the husband's property with the wife just holding title. A trustee in bankruptcy would quickly apply to the courts to recognise this and the courts would likely declare...
  3. Terry_w

    How to structure a negatively geared property

    Get a second opinion!
  4. Terry_w

    How to structure a negatively geared property

    Cummins, from memory, was a case where a constructive trust was held. ie they didn't go back under the bankruptcy act, but the wife was taken to be owning half the house for herself and the other half for her husband as trustee for him - actually I think 30% for him. Also separately, under...
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