building property / renting from trust

Discussion in 'Accounting & Tax' started by jr, 2nd Feb, 2013.

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  1. jr

    jr New Member

    Joined:
    1st Jul, 2015
    Posts:
    1
    Location:
    Peel, WA
    If I am neither shareholder nor director of a corporate trustee of a trust that owns property that I rent, is that sufficient not to raise flags re interest deductibility for the trust or are there more things that can be done ?

    Is it possible for me to buy land, build a property on it then transfer it to a trust then rent it from the trust as per above ? I am figuring if the trust earns income to buy the land and build the property on it that it will be up for 45% tax and/or div 7a problems, is that right ?

    If I am neither shareholder nor director of a corporate trustee of a trust that owns a serviced apartment with X number of days free use, can the director give me authority to use the free use days and is there any issue with fbt ?

    Thanks in advance for any help
     
    jr, 2nd Feb, 2013
    #1
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