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Question I sign an PoA to my auntie at Auckland NZ at 1995, she set up a bear trust at 2007 and use the PoA without my Knowledge purchase a rental property with my name as trustee register at NZ land title office. rental income has been collected and consumed by auntie .I did not …
Question I recently read an article about issues involved in transferring property to one’s wife. THe article said that it may not be advantageous to do so for ‘natural love and affection,’ as this would have negative CGT consequences upon future sale.In light of this, I have a question that I would like to ask …
Question Thank you for your excellent website.My wife and I have an inner city 3 bedroom rental property (in joint names) that fortunately has risen in value over the years since we bought it in 2004.At one stage we had plans approved to turn the 3 bedroom house into a 2 bedroom dwelling and build …
Question My wife’s parents who reside and were farmers in England (now retired) purchased a farming property here in the Esperance area in Western Australia 15 years ago (March 2002). My wife and I are farmers (graziers)and we have leased approx. half of this property which was not suitable for cropping, since at a reduced …
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