troyid replied to the topic Purchasing with trading company in the forum General Property 20 years, 2 months ago
I already have a copy of Wealth Guardian.
troyid replied to the topic trusts in the forum Help Needed! 20 years, 3 months ago
As an example, say I have $200,000 profit in the trading company.
Could I gift this to the trust and then divide as follows
$50000 to myself
$100000 to 2 other people
$50000 property investmentHow would my trust be taxed on the gift based on this scenario?
troyid replied to the topic trusts in the forum Help Needed! 20 years, 3 months ago
What about if I have a trading company that wanted to give money to the trust to invest with. Can I just give it to the trust or do I have to loan it?
By the way what is the advantage of having a trust the 100% shareholder of the trading company rather than myself.
troyid replied to the topic Company investing in the forum General Property 20 years, 3 months ago
Hello,
Thank you Mel and Sis.
I have a discretionary trust, and have just checked with the ATO regards the interest rate required to please them.
Why can’t I use the discretionary trust to purchase negative geared property?
troyid replied to the topic Location challenged in the forum The Treasure Chest 20 years, 7 months ago
Who are these people? Where can I find them?
Troy