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  • Profile photo of KipKip
    Member
    @kip
    Join Date: 2004
    Post 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 Dolph

    Profile photo of PropertyGuruPropertyGuru
    Participant
    @propertyguru
    Join Date: 2003
    Post 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.

    Cheers
    PropertyGuRu [sultan]
    Mortgage Consultant
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    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post 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.

    Terryw
    Discover Home Loans
    Mortgage Broker
    North Sydney
    Click below to email me

    Terryw | Structuring Lawyers / Loan Structuring Pty Ltd
    http://propertytaxbook.com.au/
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    Lawyer, Mortgage Broker and Tax Advisor (Aust wide) http://propertytaxbook.com.au/

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