Looking for advice to set up a trust account

Hi Terry thanks for your reply. We look as though we are going to take a joint personal loan in order to be able to claim any tax benefits that will apply to this investment property. What I wanted to know is, I was told last year at a property seminar that if you set up a trust and then use that trust as the director of a seperate trust which holds any equity from your personal properties you can use that trust as leverage to obtain a greater lending capacity when applying for future loans if you are a single applicant. Then also you can purchase investment properties under the secondary trust and then say for example have your partner rent the property under her name and use the property as your residence as long as the funds are paid into the secondary trust. Is this possible or have I missed something which I haven’t understood?

Thanks Terry I obviously have no idea of what I am talking about and have totally misunderstood the information I was given. I guess what I wanted to find out is are there any benefits to purchasing with a trust when I start out or would it be something I look into later down the track?