Recent Content by Roomer

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  1. Roomer
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    Peppercorn Rent

    I like the “ if required” !
    Post by: Roomer, 8th Dec, 2020 in forum: Accounting & Tax
  2. Roomer
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    Peppercorn Rent

    yes an option agreement might have merit somewhere in there , just need to consider the “fee” in purchasing said option and timeframe. Thanks I...
    Post by: Roomer, 7th Dec, 2020 in forum: Accounting & Tax
  3. Roomer
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    Peppercorn Rent

    The 2.5% was just a “foot in the door” , as his prospects improved ( he’s a uni student) the amounts would increase. I’m wanting to also receive...
    Post by: Roomer, 7th Dec, 2020 in forum: Accounting & Tax
  4. Roomer
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    Peppercorn Rent

    my apologies. It’s because I would like the income from either the rent or the deploy of capital so received from the incremental “sales”
    Post by: Roomer, 7th Dec, 2020 in forum: Accounting & Tax
  5. Roomer
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    Peppercorn Rent

    yes but not necessarily each year. And could not a side legal agreement be put in place recording these increments in unit ownership, such that...
    Post by: Roomer, 7th Dec, 2020 in forum: Accounting & Tax
  6. Roomer
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    Peppercorn Rent

    I would have no interest in the unit trust only my son. So are you saying my son would need to create a new unit trust ? He can’t “refresh” or...
    Post by: Roomer, 7th Dec, 2020 in forum: Accounting & Tax
  7. Roomer
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    Peppercorn Rent

    2.5% is just a small enough number for him to make a start to ownership and the associated CGT to be of no consequence ( in comparison to a full...
    Post by: Roomer, 7th Dec, 2020 in forum: Accounting & Tax
  8. Roomer
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    Peppercorn Rent

    Ok fast forward 5 years, still own the same property but am now retired. Now the youngest son is keen on purchasing it as is in a good location...
    Post by: Roomer, 7th Dec, 2020 in forum: Accounting & Tax
  9. Roomer
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    Peppercorn Rent

    Thanks Terry, it would have to be in small increments to offset the imbedded CGT obligations
    Post by: Roomer, 29th Dec, 2015 in forum: Accounting & Tax
  10. Roomer
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    Peppercorn Rent

    Yes thanks Terry, I now see that there possibly would be ( pity I didn't buy it via a trust all those years back and it would never be seen as an...
    Post by: Roomer, 29th Dec, 2015 in forum: Accounting & Tax
  11. Roomer
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    Peppercorn Rent

    Thanks all, interesting the contrast in replies from yeah at the beginning to nay just now. I think that my wife earning by effort ie her doing...
    Post by: Roomer, 29th Dec, 2015 in forum: Accounting & Tax
  12. Roomer
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    Peppercorn Rent

    IP rent ~$15K pa with say $3 - $4 K pa expenses, curious as to why the quantum would matter
    Post by: Roomer, 29th Dec, 2015 in forum: Accounting & Tax
  13. Roomer
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    Peppercorn Rent

    Thanks MLTD, the dominant purpose would be to provide her with her own discretionary income and for her to be responsible for the management of...
    Post by: Roomer, 29th Dec, 2015 in forum: Accounting & Tax
  14. Roomer
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    Peppercorn Rent

    Excellent! Thanks Ed. if that's the case I might even make it three...
    Post by: Roomer, 28th Dec, 2015 in forum: Accounting & Tax
  15. Roomer
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    Peppercorn Rent

    No the whole idea is for me to only charge the peppercorn rent ( which would be declared as income ) there would be no deductions claimed. That's...
    Post by: Roomer, 28th Dec, 2015 in forum: Accounting & Tax