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Date Posted: Friday, February 28, 01:11:58pm
Author: Angus Sherlock
Subject: Re: Advice needed on which "Name(s) on contract? Or Trust Structure?
In reply to: Damian 's message, "Advice needed on which "Name(s) on contract? Or Trust Structure?" on Thursday, February 27, 12:00:26pm

Hello Damian, in answering your original question of how you should structure ownership of the investment property to best maximise tax benefits, the answer assuming the rental property is negatively geared, would be to put the rental property in the name of the person who has the highest taxable income. If you are in a higher marginal tax bracket then you would benefit more from the loss of the rental property, then if the rental property was in joint names or in your partner's name.

In regards to your question about a trust, this would not be a good idea if the rental property is negatively geared, because losses from a trust cannot be distributed. If the rental property was making a profit, then this option would make more sense.

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