Thanks for the reply. I have been reading various threads and books this never seems simple to set up and run. The advice given by the accountant I met was not good. I think I will have to set up meeting with someone like you my only issue is costs for set up should not be prohibitive. Anyway thanks for your help

Thanks for your feedback. Yes my daughter is a minor. What complications will arise if minor is a beneficiary in the trust?  Why setting up trust becomes complicated when borrowing comes into picture?

Thanks

Thanks guys, I was not aware Terry W is in Sydney, will PM Terry to get his details and may be arrange meeting.

Hi,Sending PM is simple you can click on my name in the post and click on send private message.ThanksMACQ

b.free2live wrote:
Hi MACQI live in Toowoomba, originally from Gold Coast.  I've done a small development, renovated, etc.Quality suburbs – Rangeville, East Toowoomba, Areas of Centenary Heights and South Toowoomba (East of Ruthven St)  This is the area that I look in.  Older style houses do have some asbestos but usually just wet areas. (no…[Read more]

Can any locals provide any idea?

Hi Lyn,

Thanks for your help. I am looking for house primarily 3 or 4 bedroom as I think that would be the best type of property for rent. Please let me know if my research is incorrect. In terms of price range I would go between 250 to 350 properties, type of tenant I would not mind any one except housing commission tenants but would prefer…[Read more]