Ahh.. now I understand the 2 loans. Thanks Terryw I will check this out with the accountant.As always, the more I learn the more I realise how much there is to learn!Thanks.

Hi Richard,Thanks for your help. I have another couple of questions so please excuse my nievity as I ask them!Is there a better option re the rent/taxable income from the family home? And..Why the 2 separate loans? Having the 60k still available but being useful is a much smarter idea – thanks. This really is a whole new world from the one…[Read more]

Thanks evolve. We expect to be positive geared so will head off to the accountant with family trust set up as the plan. Thanks again.