Thanks Scott, I’ll check those sites out.

Terry,

That’s great, thank you.

John

Hi Terry,

1, Three Reasons (in short) – First and foremost ‘financial freedom’ , Secondly setting up my retirement fund. (I’m 43) , Thirdly it resinates in me higher than any employment or business I’ve had or got.

2. The property is in Queensland.

3. Current Value (approx.) $390K Current Loan $329K

4. Yes, for growth, No for positive…[Read more]

Hi Jamie,

Thanks for that, I seek Terry.

Regards
John

Hi Jamie,

Ok, let me restate my case with hopefully more clarity.

Based on Steve’s book I was considering putting our lifestyle property into a ‘family’ trust setup with a Co P/L trustee, with me as guarantor.

So I spoke with our lender (Suncorp) which advised that moving the property into that type of structure would be considered as a sale…[Read more]