PropertyInvesting.com | apapworth | Activity https://www.propertyinvesting.com/members/apapworth/activity/ Activity feed for apapworth. Wed, 08 Apr 2026 01:09:58 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 499ae0accd57743a05cff3a0305d111c apapworth replied to the topic Subdividing IP in own name to HDT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4381335-subdividing-ip-in-own-name-to-hdt/#post-4523850 Mon, 01 Aug 2005 13:05:10 +0000 Good point LifeX, but from what I understand this only effects property in VIC and our units are in Tassie. Please correct me if Im wrong…
I hope this doesnt happen though and surprises me as most of the ‘pollies’ hold their investments in the same structure. I hope and believe they will have to accept some of the exemptions/changes the REIV…[Read more]

]]> 79ee9ddaebc271897e9152da537a8468 apapworth replied to the topic Subdividing IP in own name to HDT in the forum No Subject https://www.propertyinvesting.com/topic/4381335-subdividing-ip-in-own-name-to-hdt/#post-4523848 Mon, 01 Aug 2005 11:46:31 +0000 How this for an idea…?
The Trust purchased the units off the plan from us then no stamp duty would be payable… Any thoughts?
AP

]]> 4b1df9278799ccf9c7cf500b86ef5840 apapworth replied to the topic Subdividing IP in own name to HDT in the forum No Subject https://www.propertyinvesting.com/topic/4381335-subdividing-ip-in-own-name-to-hdt/#post-4523846 Mon, 01 Aug 2005 06:28:24 +0000 Thanks CATA,

I imagine then selling the land at market would be better then, but then it would have to be subdivided first before it could buy it..?

AP

]]> b38af99179d9bff1a8e8df7122ebecda apapworth replied to the topic Subdividing - Title and what stage? in the forum Value Adding https://www.propertyinvesting.com/topic/4381381-subdividing-title-and-what-stage/#post-4524050 Mon, 01 Aug 2005 06:23:31 +0000 And also importantly I would like to having a different entity (a trust) owning the new units, I thought the trust could buy the land and then build. Without the separate titles the trust cant buy the land on its own…

]]> 38c3c173551661d5559193a940f93952 apapworth replied to the topic Subdividing - Title and what stage? in the forum Value Adding https://www.propertyinvesting.com/topic/4381381-subdividing-title-and-what-stage/#post-4524049 Sun, 31 Jul 2005 23:12:27 +0000 The reason why I’m interested is because as soon as they are on their own title they have a real value should I choose to sell them, and additionally just to understand the process…

]]> 0dac81dddc4753cd317141fda9aff831 apapworth replied to the topic Selling Units back to Hybrid Discretionary Trust in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4379595-selling-units-back-to-hybrid-discretionary-trust/#post-4511891 Fri, 15 Apr 2005 01:03:29 +0000 Hi Tonny

Yes, I was talking about the units issued by the HDT to claim as a deduction.

The reason for my thinking of redeeming them when positive is to pay some of the principle back, but I see your point of loosing deductability – Never looked at at it this way.

Adam

]]> 9297e58ac4b1382e1731ae4541be1b1b apapworth replied to the topic Benefit from Building Depreciation in HUT or HDT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4379553-benefit-from-building-depreciation-in-hut-or-hdt/#post-4511702 Mon, 11 Apr 2005 01:31:23 +0000 Coasty,

Thanks again… The $5K is as you explained: Net Profit.

I now understand all (well maybe not all, but a whole lot more.[biggrin]

Cheers,

Adam

]]> 385077325d04b0b3aacbbe228615a6c9 apapworth replied to the topic Benefit from Building Depreciation in HUT or HDT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4379553-benefit-from-building-depreciation-in-hut-or-hdt/#post-4511700 Thu, 07 Apr 2005 06:44:41 +0000 Thanks coasty,

Excuse my ignorance, but does this mean that I would then have to fund $5K out of my own pocket and therefore be tax deductable? And what happens to the $5K of depreciation that is still in the trust…? Could this then be distributed to other beneficaries?

Adam

]]> f5a9bb968cbec093dd4113761e0d81b0 apapworth replied to the topic Benefit from Building Depreciation in HUT or HDT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4379553-benefit-from-building-depreciation-in-hut-or-hdt/#post-4511698 Thu, 07 Apr 2005 04:58:10 +0000 Thanks again Terryw,

I understand mostly now. I think I might sit down and read Dale G’s “Trust Magic” and then revisit this to more fully understand my position.

[cap]
Adanm

]]> 7f4b47906e5d6084f405e6e5bdf27370 apapworth replied to the topic Benefit from Building Depreciation in HUT or HDT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4379553-benefit-from-building-depreciation-in-hut-or-hdt/#post-4511696 Thu, 07 Apr 2005 00:52:45 +0000 Thanks Terryw,

Hmmm… If this is the case, I cant see the advantage in the trust…

Another example: I have a group of residential units in my own name (a ‘no no’ i know) and works to my advange over a trust. The figures go something like this:

Rental Income: $20K
Interest and Expenses: $20K
Depreciation on Units on Depreciation Schedule:…[Read more]

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