PropertyInvesting.com | Tasproperty | Activity https://www.propertyinvesting.com/members/tasproperty/activity/ Activity feed for Tasproperty. Tue, 14 Apr 2026 22:30:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7dc37211d6deeb04f49a7173d259ed07 Tasproperty replied to the topic Urgent Help Needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4396150-urgent-help-needed-5/#post-4603497 Sun, 03 May 2009 09:56:47 +0000 Hmmm interesting dilemma.

Here is my non accountant, non lawyer view of this (Danger!, Danger!, Danger!).

The house you bought (or constructed) was for investment purposes (rental income). Hence you should be able to deduct the mortgage payments off your income tax. Get a loan (personal/family/anything really) to get it connected asap. Hopefully…[Read more]

]]> b390186e494b5ad9b8ed4b1d5345298a Tasproperty replied to the topic Property in Trust for Grandchildren in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396106-property-in-trust-for-grandchildren/#post-4603294 Sun, 03 May 2009 04:34:20 +0000 Testamentary trust is the way to go.While it’s nice doing stuff for the children / grandchildren, it’s better if you control it. You don’t want them selling a property just to buy a 4WD! Build generational wealth instead!

]]> b73751d356a8ea211d5e1993fe7f73ce Tasproperty replied to the topic Changing the Trustee name in a DT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396149-changing-the-trustee-name-in-a-dt/#post-4603472 Sun, 03 May 2009 01:04:57 +0000 Resettlement of the Trust can occur with the changing of the Trustee (and CG can result, however it depends on the State the trust was registered in and whats written on the trust deed), however unless you need to change the trustee regularly or setup a corporate trustee for a particular purpose it should be okay to leave it as it is (search for…[Read more]

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