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    Rent of PIT

    Thanks Ross it doesn't seem possible
  2. C

    Rent of PIT

    Hi, I have a PIT and would like to know if I live in a property that is owned by the PIT, can I myself rent this property from the PIT and claim the negative gearing?
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    Interest on Interest and Capitalising Interest - the Facts

    Hi, I have had advice that I can put all salary, rent and dividend income into a line of credit off my PPOR which can then be used to pay for private expenses while I have another seperate line of credit account off the PPOR to pay for all investment property expenses including interest on...
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    Part Lo-Doc Part Full-Doc

    Hi, We have enough trouble with them explaining the structure, let alone a discount of 0.7%. How can you get a discount on a lo-doc anyway? They have had to be told that in a PIT I have to be the borrower and they have contacted our tax advisors. As Rolf has mentioned they are also asking...
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    Part Lo-Doc Part Full-Doc

    It does so I will give it a go, thanks for your wonderful help
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    Part Lo-Doc Part Full-Doc

    Hi, Funder is St.George, I'm sure they quoted about 9.7% but will have to check on Monday, don't know who the mortgage insurer is. Does this sound like enough flexibility in this declaration they are asking for in the lo-doc part of the properties in the PIT?
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    Part Lo-Doc Part Full-Doc

    Hi, Thanks for your help but just to clarify this is a full doc application as far as PAYG income goes with a Low-Doc Declaration for the Property Investing business of the PIT. A rate of 9.7% has been quoted to us, is this any good? Does this mean that the rent and cap gains of the PIT...
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    Part Lo-Doc Part Full-Doc

    Hello, First time on the Forum, what a resource for us Property Investors. I have been asked by our financier that if we are going to refinance our two properties that are held in our PIT Trust then we must adhere to a Full Doc application on our PAYG Income and a Lo Doc application on the...
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