When LAQC's stop being effective for me for tax reasons.
Say I now have Trading Trust profits that I want to offset my rental property losses against.
I could perhaps start buying rental properties into a Rental Trust instead of the LAQC's.
But can I sell the LAQC shares (or even a percentage of) to the Rental Trust and then any capital again on the properties are captured under the trust and dont need to be gifted.
Is this how it works ?
Say I now have Trading Trust profits that I want to offset my rental property losses against.
I could perhaps start buying rental properties into a Rental Trust instead of the LAQC's.
But can I sell the LAQC shares (or even a percentage of) to the Rental Trust and then any capital again on the properties are captured under the trust and dont need to be gifted.
Is this how it works ?
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