https://www.propertyinvesting.com/members/chalkey/activity/ Activity feed for chalkey. Sat, 18 Apr 2026 05:39:36 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4ddbabaeaf13c03f35562002a3dcc8e3 https://www.propertyinvesting.com/topic/4400885-best-owner-my-wife-or-my-business-building-a-combination-commercialresidential-premises/#post-4629938 Wed, 18 Aug 2010 12:21:04 +0000 Wow – 2 trusts – now *that* is interesting.  Given as what I've already got is a discretionary trust  owning the land, it also sounds significantly less expensive to set this up than anything else as well.  Ignorring for a moment the capital gains and tax-on-resale issues: this kind of advice (if it works out!) stands to cut $1M off the price of…[Read more]

]]> 2eb11f91e7ff4e628c328ff9cb2a20e8 https://www.propertyinvesting.com/topic/4400885-best-owner-my-wife-or-my-business-building-a-combination-commercialresidential-premises/#post-4629936 Wed, 18 Aug 2010 08:41:33 +0000 Constructing from abroad seemingly changes some rules – so for example – while Australians need to pay "commercially reasonable rent" to live in a company house – that may not be the case in the foreign countrys tax system.  Same goes for capital gains tax and company/income tax on proceeds of an eventual sale.  There are a stackload of d…[Read more]

]]> e499d2749e0c369fff27a8fd3c0718d7 https://www.propertyinvesting.com/topic/4400885-best-owner-my-wife-or-my-business-building-a-combination-commercialresidential-premises/#post-4629933 Tue, 17 Aug 2010 14:37:50 +0000 "Capital Cost" – you're spot on once again – I had no idea about any of this, and the law makes it crystal clear that I can't get any useful deductions when constructing anything with my residence in it.  Actually – not really "crystal" at all – that's some of the worst gobbldegook legislation I've ever seen… but it's clear to me nonetheless.  < …[Read more]

]]> 761a41e3375217aed918b3eec0afa743 https://www.propertyinvesting.com/topic/4400885-best-owner-my-wife-or-my-business-building-a-combination-commercialresidential-premises/#post-4629929 Tue, 17 Aug 2010 09:23:00 +0000 Hi Terryw – WOW – thanks for such a detailed reply!!!Overseas tax: if I did this, I'd obtain a private ruling beforehand; I'm not interested in anything illegal!  My situation is extremely unique – my income is 96.5% untainted, and my business is a PE: 100% located in and automatically operated from overseas – qualifying me for the "Branch…[Read more]

]]> d27ecb559724f726949158d4bbbec8b5 https://www.propertyinvesting.com/topic/4400885-best-owner-my-wife-or-my-business-building-a-combination-commercialresidential-premises/#post-4629927 Mon, 16 Aug 2010 17:36:00 +0000 Hi "quickchick",Yes – good thinking, that zoning issue.  The property is one acre zoned rural (top of a mountain).  There are council rules that I am able to abide by, so yes – all is fine on that front.  If I want to expand in future, I expect that's not impossible:  A nearby firm of architects have a similar setup to what I want – and the…[Read more]

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