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    Separation of deductible/non-deductible interest for trust

    Bob, Isit necessary to prepare a formal loan agreement for the loan from you to the trust (including paying stamp duty on the loan agreement), and to keep records of interest payments from the trust to you, and from you to your lender? regards Padraig
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    Separation of deductible/non-deductible interest for trust

    Hello all, I have set up a discretionary trust, with my wife and I as trustees, and have just settled on first IP. A loan (80% LVR) in both our names (as trustees for the trust) is secured against the IP. The balance of 20% came out of my investment LOC account (this LOC is in my name only)...
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