House In Girlfriends Name

[samui bill]

does anyone know that if i was to put my new house in my girlfriends name and then sell it ,if she would have to pay less tax on the profit than if it was in my companys name.thanks.

[GuestHouse]

Why are you putting the house in her name.

Talk to a lawyer and get advice on how you can control your investment.

[Maigo6]

Why are you putting the house in her name.

Talk to a lawyer and get advice on how you can control your investment.

Maybe he trusts his Girlfriend more than you trust yours.

[GuestHouse]

Nothing to do with trusting the individual, it is about the risks the law places the foreigner at.

[astral]

As I understand it:

Personal ownership does not attract Capital Gains Tax,

company ownership does.

[Thaipwriter]

does anyone know that if i was to put my new house in my girlfriends name and then sell it ,if she would have to pay less tax on the profit than if it was in my companys name.thanks.

Profit?

What profit?

whatever makes you think you will be making any money?

LOL

[Jim 50]

does anyone know that if i was to put my new house in my girlfriends name and then sell it ,if she would have to pay less tax on the profit than if it was in my companys name.thanks.

If youput the house in the GF name no tax will be due. You will have a capital loss when she give you the boot.

[johnnyk]

He may trust his girlfriend but the real question is, can her boyfriend be trusted?

Edited March 14, 2006 by johnnyk

[RAZZELL]

I think you need a better lawyer and accountant

[Heng]

Why are you putting the house in her name.

Talk to a lawyer and get advice on how you can control your investment.

Maybe he trusts his Girlfriend more than you trust yours.

[gstreamer]

He may trust his girlfriend but the real question is, can her boyfriend be trusted?

You mean her other (Thai) boyfriend? Seen it many times...

[Maigo6]

You mean her other (Thai) boyfriend? Seen it many times...

What have you seen many times ?