KipMember@kipJoin Date: 2004Post Count: 2
We are seeking to buy our first property and are wondering whether we need to establish a trust.Your advice will be most welcome. Kind regards DolphPropertyGuruParticipant@propertyguruJoin Date: 2003Post Count: 1,502
Hi You better search the forum for you answer there are lot’s of topic on this. Yes according to me you should get a trust to buy investment properties.
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NZ loan pre approval from OZ in 48 hoursTerrywParticipant@terrywJoin Date: 2001Post Count: 16,190
Generally you should probably buy one property in your own name and then use a trust. You’re own home will be exempt from CGT, but a property purcahsed through a trust won’t be.
Do a search and you will find heaps of info.
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