EP63: Buying Property in a Trust Explained with Chris Charlton

Everything Property

Welcome back to the Australian Property Investing Podcast Everything Property with your host David Hamilton. On today's episode, Chris Charlton - an accountant with over 40 YEARS of experience joins us on the pod to chat about one of the most popular topics - Trusts, in order to see if buying property in a trust is the right move for you.
In this chat we speak about:
- The early day's of Chris' 40 year career when the internet and computers weren't a thing..
- What are Trusts and what are the main types of Trusts (the last one will surprise you)
- How to pay less tax using Trusts and Companies
- The reasons people buy property in Trusts
- Pro's and Con's of purchasing property in Trusts
- Multiple scenarios of how people may want to consider purchasing property
- Setup and running costs of a Trust
- Should you buy one property per trust or multiple?
- Implications of moving a property into a Trust after you've bought it in your personal name.
- Land Tax, Capital Gains Tax (CGT) and Company structures
- Plus much more!
To work with Chris and his team, head on over to the Charltons website below:
https://www.charltons.com.au/
Alternatively, check their instagram page where Chris shares his insights from 40 years of experience:
https://www.instagram.com/charltonsaccountants/
Don't forget to check out the summary post on our Instagram we just posted which covers what we discuss in this chat.
Facebook: http://facebook.com/everythingproperty.au
Instagram: http://www.instagram.com/everythingproperty
LinkedIn: http://linkedin.com/everythingproperty
Website (Coming soon)
Disclaimer: The topics, conversation, opinions and discussion provided in this episode are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision.