Beautiful thanks Terry.

so as a whole the trust would or would not be entitled to the 50% CGT discount?

Thanks Terry.Helpful info. Also are there CGT advantages apposed to holding a property as an individual?

Cheers Terry thanks for that information. Mate would you be able to tell me abit about the benifits of having a discretionary trust setup (because i think a discretionary is what im going for) rather than buying as an individual?

Thanks for the replys guys. Well what i am trying to achieve is with my family members start a positive cashflow portfolio consiting of holiday rentals and uni boarding style accomadation. Also a few renovation projects would be instore as i am a qualified builder. So some buying renovationg and quick selling will be eventually instore for us.

because you are making a capital gain bud?

Thanks Terry.I have a group of potentially 6 people, is a trust still advisable?Also could you tell me some advantages of both?Thankyou

I see. So the money in the offset account lowers the repayment costs?but as soon as the money is out of the account and used for another purpose say a deposit on another property the repayments will go back up?