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  1. Terryw

    Anyone rent their IP privately that's owned by their company or trust?

    Hi Dr J Yes, i was a bit vague. HDTs can and do still work, but not the way they were promoted a few years ago. They don't offer the flexibility the were once thoguht to offer. eg. the deed must be worded in such a way that the unit holder must get all the capital gain if they are going to be...
  2. Terryw

    Anyone rent their IP privately that's owned by their company or trust?

    Kath Keep in mind that HDTs no longer work.
  3. Terryw

    Anyone rent their IP privately that's owned by their company or trust?

    Kath You can rent form your trust but the biggest drawn back is the loss of CGT exemption - but you may be able to class another property as your main residence and thereby not lose this. The second biggest drawback is that if there is a loss then the loss in the trust cannot be used to...
  4. Terryw

    Anyone rent their IP privately that's owned by their company or trust?

    Hi Kath Having a trust own the property won't prevent this sort of thing. The tenants can still sue the owner of the property which is the trustee. Trustees are usually indemnified out of the trust assets, which helps a bit, but you can still lose the trust property.
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