7.2% return after interest costs ????

+ what Dan42 said

Keep it simple, keep it flexible. Save on the additional costs and hassle of having a trust.

When you have a stable of properties – think about trusts etc.

There was a big rush and great deal of excitement when SMSF were allowed to borrow.

Now, once it has been examined a bit further the benefits are not as great. It seems now to be pushed by property developers looking for new sources of buyers/finance.

There is some really dodgy stuff out there.

Cheers

There have been some really good comments.

Asset protection is over-argued and in most cases will only apply to the very rich. Complex structures are often set up with no commerciality in mind. If you are using negative gearing as a strategy to build wealth – you will need to access the equity to continue the strategy. You don’t want to trap your…[Read more]