So the trust needs to be setup before the settlement contract or the mortgage contract?.
and why can it be not done after the contracts are signed?.
I am interested in knowing this too please.

about Tom’s question, what are the benefits of this type of property investment and will he ever own the property?.
or is this investment a tax cutting way of saving money only?
regards
Nina

Thank you everyone who responded to my question, its a great help.

Hi property jockey, may be worth discussing with your super financial planner about accessing your super to invest in property, that could act as income and may be tax free to purchase the investment property along with the rental income you will be getting. It will depend also on your age.
Good luck

Thanks for the reply.
Swampy this is going via dynamic 8 group and the property in South Yarra will be a 1 bedroom unit, the other 2 places will be 3 bedroom houses. I still yet have to see the plans for this 3 properties on offer, and doing so this weekend, so don’t know yet how many units in the block. Not sure what NRAS is Richard.
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