Qlds007 wrote:
There is a big difference in Stamp Duty in NSW when buying the property as an investment property and buying it as your first home for owner occupation.

Do people get around paying less stamp duty by doing what I suggested or is it not possible to get out of paying more for an IP?In a general sense, what scenario would result in…[Read more]

Hi JamieI was thinking at looking for 2 bedroom apartments around $450,000 – $550,000 if I can borrow that much. I was also thinking of trying to save more of a deposit. I can always get the oldies to lend me some cash to park in my offset account also.I know if I was renting out it would allow me to borrow more but I was concerned about extra…[Read more]

Did you guys see the Today Tonight story on Carly Crutchfield a few weeks ago? Great lady……….Here it is if you didn't: http://www.youtube.com/watch?v=ohEniZqYM2c

My wife wasn't born in this country. She is a permanent resident now but her family still live overseas. We have a couple of discretionary trusts set up.The trust deed specifies that the beneficiaries are us and our families etc, but what is the law when it comes to my wife wanting to distribute the trusts income to her mother and father?

What is the law when it comes to negative gearing and trusts? Can someone give a definitive answer because some say you can and others say you can’t. Does that mean accountants like chan and naylor with their property investors trust are technically not right or is it the accountants who tell you it’s not allowed just not creative enough?

I don’t…[Read more]

I finally got some of the answers I needed on my original topic. I don't think it helps me much as it clarifies more what you first wrote Terry. I got told that you borrow the money in your name, loan it to the trust charging a commercial rate of interest. Is it possible to charge your trust more interest then the bank charges you to claim any…[Read more]

Hi Terry,thanks for the quick reply. I am going to have to find out exactly what he meant when I was told this. I will let you know.