PropertyInvesting.com | nicki_ | Activity https://www.propertyinvesting.com/members/nicki_/activity/ Activity feed for nicki_. Sun, 05 Apr 2026 21:51:04 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 154c0c51b38aecf8e207c6852df153b9 nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/page/2/#post-4695054 Mon, 30 Sep 2013 09:15:03 +0000 Thanks Terry, good summary. I'm meeting a Lawyer tomorrow whom I trust (no pun intended!) and has actually helped me before with some property matters. He had a chat with me over the phone and understands all the issues. Wish I saw him before setting up the trust but I trusted the accountant I sought advice from whom arranged the creation of the…[Read more]

]]> 47dcd0cc2d287722c7b53ca74d713e0e nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/page/2/#post-4695052 Sun, 29 Sep 2013 20:43:56 +0000 Rob G. wrote:
CGT still matters because it is a tax on inflation.

Even your dependents may inherit the property with your historical cost base and substantial underlying tax liability – AKA 'death taxes'. I seem to remember Terry trying to raise estate planning issues with you.

Present value does matter with capital appreciating assets.

What…[Read more]

]]> 03739374ccb16b88a5039fda824ac3c3 nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum The house I am buying is a https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/#post-4695050 Sun, 29 Sep 2013 12:02:05 +0000 The house I am buying is a very old home which will require some renovations, about $30k or so, which I expect will add to the capital value significantly.

I am planning on keeping this property indefinitely. This means not selling it which means no CGT. Even if I did sell it I have a large capital loss I am carrying from GFC and it would have a…[Read more]

]]> a4299412594c8a34d52be1aeb2818504 nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/#post-4695048 Sun, 29 Sep 2013 08:06:26 +0000 Thanks Wilko!

If I told you that the property is under land tax value and I plan to keep it indefinitely, would you think still the same? I plan to keep it as a rental if/when I move out, not sell it. So I thought having flexibility to distribute income + the asset protection would make it a good start to add into a property portfolio in the…[Read more]

]]> b49b77d02415d8be51e394b14872e1d3 nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/#post-4695046 Sun, 29 Sep 2013 07:07:30 +0000 Terryw wrote:
You seem to misunderstand trusts. Not as simple as you think maybe.

Yep, that's why I'm posting in this discussion forum for some helpful suggestions and ideas.

Some helpful discussion on this topic would benefit my understanding and others who would be thinking about this. :)

]]> 917d04a57a16574c232fee1213674a5b nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Terryw wrote:nicki_ wrote https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/#post-4695044 Sun, 29 Sep 2013 04:28:07 +0000 Terryw wrote:

nicki_ wrote:

Terryw wrote:
I know nothing of your situation so can't answer.

I think thats been the point of all the information in my OP.

Limited information.

Well I wouldn't call it nothing.

Thanks for your limited input.

Can't say it was useful. Wasn't asking for much, just to come to a property investing forum and…[Read more]

]]> 744ebdf861aa82497491292778d5a6d4 nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Terryw wrote:I know nothing https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/#post-4695042 Sun, 29 Sep 2013 03:38:31 +0000 Terryw wrote:
I know nothing of your situation so can't answer.

I think thats been the point of all the information in my OP.

]]> 99510fc02ea8556b1acf69a8b17c8697 nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/#post-4695040 Sun, 29 Sep 2013 03:17:09 +0000 I don't plan on staying there long term but I do plan on keeping it long term as an investment. So based on that would you think the trust is the way to go?

]]> d20f93fc1848155be53ff8eec1a350b5 nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/#post-4695038 Sun, 29 Sep 2013 00:58:32 +0000 Thanks Terry. The main point of my post was to see if people had thoughts and suggestions about the merits of putting the property in my name or in the trust, based on my situation and projections of my situation (both of which I have explained in detail). Have you any thoughts on whether putting the property it into the trust or in my personal…[Read more]

]]> 1fc3163cad7ee0049fd36385d691520b nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/#post-4695036 Sun, 29 Sep 2013 00:55:07 +0000 Tax is my main concern, but asset protection is also handy. For example, if I have a spouse at home with a child earning no money, I would like to distribute investment income. Like I have said my plan is for this property to be part of my investments long term, not main residence.

The trust was set up by a Lawyer, so why would it not be valid? I…[Read more]

]]> 2637f3cd71ae242d5ace6d2e3ff1d482 nicki_ replied to the topic Purchasing property - put in Trust or Personal? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410064-purchasing-property-put-in-trust-or-personal/#post-4695034 Sat, 28 Sep 2013 20:33:29 +0000 Hi Terry

What am I trying to achieve? The trust would give me more flexibility in distributing income in the future as long term this will be an investment. It will also enable me to not have the income on top of my personal wage income if I have others to distribute the income to (which is a possibility in the future).

Assigning to the trust -…[Read more]

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