It seems that majority of people are of the opinion that an old tired property in need of a renovation is the best investment – however a minority are looking to buy renovated properties. So why buy a property, renovate it and then sell it, if no investors are looking for renovated properties? Based off this poll, it would appear that you would…[Read more]
My understanding is that a trust cannot distribute taxable losses – meaning that you cannot negatively gear any losses against your personal income. You could however negatively gear these losses against other cashflow positive assets held in the trust.