I thought I knew why but I have got myself confused (easily done I know).
Why not just have my rental properties in the Family Trust, why do you need to have a "Rental Trust" again ?
You can still offset Trading Trust profit off against the Rental Trust paper loss with this system, or is this the problem.
Or is it that the trust owning your rental properties may be called upon to provide a PG.
If this is the only reason, how often or what are the chances of this happening anyway ?
I have had "normal" accountants say this is fine, but more specialised "Property" accountants say it is a lot better from as asset protection view to have them in a seperate Rental Trust.
Can someone set me straight ?
Why not just have my rental properties in the Family Trust, why do you need to have a "Rental Trust" again ?
You can still offset Trading Trust profit off against the Rental Trust paper loss with this system, or is this the problem.
Or is it that the trust owning your rental properties may be called upon to provide a PG.
If this is the only reason, how often or what are the chances of this happening anyway ?
I have had "normal" accountants say this is fine, but more specialised "Property" accountants say it is a lot better from as asset protection view to have them in a seperate Rental Trust.
Can someone set me straight ?
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