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I think at the time of writing the original book, people were getting lo doc loans for trusts based on the trust's own assets/incomes? I remember my accountant at the time doing something similar, he had 29 houses in perth and would start a new trust to reset his borrowing limits.

Lets say your work income is 40k and you have 6 IPs renting for 10k each makes 100k total income. Some banks will call this rent reliant and judge you harshly. Inside a trust, since it only has assets and not a job, serviceability is judged accordingly. Then, since some banks have a volume...