- Cabo WaboParticipant@cabo-waboJoin Date: 2005Post Count: 117
Ok, i’ve picked my accountants brains, and he reckons he is now doubtful SD can be avoided. Back pedalling a bit…
Well, there u go, u guys were right. Bloody Johnny Howard and the tax department huh?
Cabo WaboRichard TaylorParticipant@qlds007Join Date: 2003Post Count: 12,024cataParticipant@cataJoin Date: 2005Post Count: 559redwingParticipant@redwingJoin Date: 2003Post Count: 2,733Originally posted by tammy:
How about selling PPOR to trust and then leasing it back? Then transferring PPOR status to buy build sell projects (1per annum). I have asked 3 accountants about this and have recieved 3 different opinions, yes, no and yes but dont use a trust, just do it in your own name.
If any one has a learned opinion I would be interested. I am in muddy waters at the moment.
How about selling PPoR to trust and using the funds to assist in purchasing new PPoR?
The best thing about Trusts is thier flexibility as your needs change over time..IMHO its well worth talking to someone who knows what they are talking about re: Trusts and the variations within , many accountants don’t
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