Answers to questions:

a. I was told by a friend (also a Canterbury Client) that there was a forum discussing Canterbury. My first time on a forum, just wanted to add my 2 cents seeing I have first hand knowledge.

b. Tax Effective sides of property – depreciation for 11 years, building allowances for 11 years, interest on the loan, lending costs, travel etc… ( not just interest on the loan) These deductions can be paid back to you in your regular wage by submitting a 221D form, hence increasing your take home pay by paying less tax.

c. Options trading –Covered calls are considered a low risk trade due to being hedged on both sides of the option, minimising any potential losses and creating a good income on the upside. If trading bluechip shares then the ability to trade on Margin is an option as well increasing profits 2 fold. Last year the ASX had it’s best growth year ever with unbelieveable rates of return. I’m sure Warren Buffet took a hefty profit from our country last year as well. I’m sure he wasn’t just sitting on property.

d. Interest Cap…..The income streams going back against your PPOR isn’t just the rent from your properties. You need to include monthly options trading premium (quite substantial),initial payment you usually make and the additiditional you make back in your wages (At least 4 income streams making payment on your PPOR). As we all know that interest is calculated on outstanding princple, so the faster we get it down the lesser amount of interest. The eqation works that the PPOR loans goes down 2 fold while the split for interest goes up 1 fold. Once PPOR is paid then income streams are diverted to the split for interest cap. My equation is right when calculating my leverage on my PPOR, I add the balance of the split for the interest cap plus what owing on my house then divide by value.

I hope this answers some of the questions you had. I understand that some people are dubious, but I can vouch for this structure as I have acquired quite a large portfolio but not really doing much different than going to work and buying properties.

Did I mention, No capital gain was factored into the equation…that is just a bonus….Cheers……

Hi Everyone,
After reading all your responses to Canterbury, I find it all very interesting. I have been a client of Canterbury for 3.5 years now and have just acquired my 5th home. (4 Investment). It is interest capatized knowing that this portion of the loan is not tax effective (usually a different split on the loan), therefore pumping all rent/income into princple place of residence. I have taken my leverage on my home from 80% to 20 % in 3 years. Additionally, I have gone from paying 47% tax to 0% legally .The option trading is a covered call scenario (low risk) when owning the equity.
Canterbury is the only company I know that puts this structure together properly. If you are looking to find a structure (not just a property) then you can’t beat this company. No red flags here!!!!!!!!