Thanks benny!

Yes I have the newest edition of the book, although I was mainly quoting from 0 to 260 properties.

I’ve gone to reread chapter 9 and it makes more sense – debt held by the trust is not recorded against the guarantors financial record, hence he can ‘recycle’ his income by setting up new trust structures.

One issue outstanding is…[Read more]

Thanks for that!

I’m trying to understand Steve Mcknight’s comment in his book, that using a trust allows him to “leverage his income to increase his borrowing ability”.

If the serviceability of a family trust is dependent upon the debt and income of the guarantor, how does this differ from taking out the loan in my own name? At the end of the…[Read more]

Hi all

Thanks for the info. Due to the nature of my work (have to move alot) we’re not looking to get a PPOR.

At this point would buying a property with a family trust make any difference or cause issues with serviceability?

Understand that the main benefits right now are asset protection and tax structuring (for positive geared assets).

Thanks
Sing

Thanks richard!

Regarding this:

I have read that taking a loan out in the name of a family trust maximises serviceability, as I don’ take on additional debt in my own name.

However, does this still apply if I act as both the trustee and the guarantor?

REgards
Sing