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Hi All, I am revisiting this thread, as I forgot to ask an important question: If I were to setup a trust and buy my “HOME” under it and live in it, would both me and wife be able to negative gear that property, as it’s under the trust name? Thanks

Wow! Thank you everyone.. I have learned so much through this post – Last night me and my wife went through few numbers and at this point, we won’t be setting up a TRUST.. We really don’t have a whole lot to gain from it, also don’t want the headache to maintain everything that comes with...

Thanks PT. I guess I don’t really have enough knowledge to understand every point you mentioned above... But with 2 IPs are there going to be significant more Tax flexibility if we were to setup a trust and let’s assume it is a "positive portfolio"? About asset protection, if for unforeseen...

Thanks Aaron. Yes we are both in PAYG job I guess that answers it - I have been reading up on setting up a TRUST - and wanted to take the opportunity to understand and find out if we are missing out few benefits by not having a Trust , specially now that we are looking at our 2nd IP..Other...

Hi All, Me and my wife (30 &26) is thinking of getting our 2nd IP – We both around the same income bracket (each approximately 95K per year – full time job) – So maximizing TAX return might not be the a goal here as we are both around the same tax bracket Of course things can change if she...

Hi All, My first post here – would love to get some expert advice on this I am looking to get my 2nd IP – Budget around 500Kish. I am keen to get a Home and Land package – I was looking at Mirvac’s project at GLENFIELD – NSW or the same package at Middleton Grange OR Spring Farm – My first...