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Thanks again Terry and Richard – Now I am confused – Can I address this question to Steve McKnight as well…. I was at Steves seminar on the weekend and I'm sure he said this was the case….I dont want to misrepresent him in case I have got this wrong but I would appreciate a response just to clarify the situation.
Cheers Andrew
Thanks Terry and Richard,
I thought one of the major advantages of buying property in the trust name is that when I max out my borrowing capacity via the trust I can create a new company and trust structure and go again. Is this your understanding?
Cheers and thanks for your time,
Andrew
A depreciation schedule! I assume that means getting a quantity surveyors report?
The house I have purchased is 50 years old. Would it still be worth me getting a quantity surveyors report with a 50 year old house?
Thanks for your time.
Best regards Andrew