If you are buying an investment property, most people buy this in their personal names in order to obtain the negative gearing tax deduction. If you are in a high risk profession or run your own business, you are putting your personal assets in the firing line of creditors in the event that you are successfully sued or you are made bankrupt.

An alternative strategy may be to purchase the investment property in the name of your spouse or partner or create an investment trust. You should also be careful not to purchase any property in the name of your trading company or your trading trust as this could expose those assets in the event of the business being sued or being put into liquidation.