Hi Richard,

So your saying that if a Unit Trust structure is used, we should be able to claim negative gearing deductions?

The next question is how difficult is it to get a loan for a trust, Ive heard the major banks will either refuse or send you to their business banking dept which incur higher fees and rates.

CLoSeR

No I didnt mean buying a new house, I meant buying a house in a decent suburb not too far out.

Doesnt have to be new.

Not sure about renovation, my concern is also buying a 600 or 700k place the repayments wil be large if I plan to move in, and renovate. Putting renters in would obviously ease the pain.

Appreciate the comments, I think purchasing investment properties would be the best option for us right now. Then hope for growth and use that capital made to help secure house and land later on.