Total Members: 159,080

njhansen

  • njhansen replied to the topic To live off equity or not to? in the forum General Property 18 years, 4 months ago

    Has anyone thought of using a family trust fund to unlock equity?

    I’m not sure quite how they work but ive been told they are a good way to unlock large amounts of equity.

  • njhansen replied to the topic 2 sperate loans or joining 2 together in the forum Finance 18 years, 5 months ago

    yeah best to keep it seperate, cross-collateralising is never a good idea for the aboved mentioned reason. Its a common strategy of banks, Bankwest is one example. It increases your risk, if you have to sell your investment for whatever reason you will not be able to because you have the two loans as collateralised as one.

  • njhansen replied to the topic Tax Deductability of investment related expenses in the forum No Subject 18 years, 8 months ago

    thanks for the reply’s, i will go find an accountant [specool]

  • njhansen replied to the topic Good Tax Accountant in the forum No Subject 18 years, 11 months ago

    A great book i’ve just read called “From 0 to 130 Properties in 3.5 years” recommends Steve McKnght and Dave Bradley. Don’t ask me if there any good at accounting though, but i know there good at investing :P:P

njhansen

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