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  • Profile photo of bvella@gmail.com[email protected]
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    @bvella-gmail.com
    Join Date: 2013
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    Thanks Terry. :)

    Pressed save to many times, as you can see.

    Profile photo of bvella@gmail.com[email protected]
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    @bvella-gmail.com
    Join Date: 2013
    Post Count: 4

    Thank you very much for your response and advice Terry.  A further question would you change the setup if it was a residential rather than commercial?

    Profile photo of bvella@gmail.com[email protected]
    Participant
    @bvella-gmail.com
    Join Date: 2013
    Post Count: 4

    Thanks for the feedback Alistair, the further question I have is that if I purchase the additional property in a trust, the property will only be positively geared in the trust if I am able to access equity and put it in the trust.  However if the debt is in the trust I will not be able to access the negative gearing benefits.

    This then makes me question whether a trust is the right structure or if I should continue purchasing the properties in my own name.

    Further it is my understanding that I can not transfer the existing properties into the trust without incurring stamp duty and capital gains tax.

    Not sure if I am on the right track here, please correct me if I am not.

    Regards

    Ben

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