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  1. M

    Unit Trust deductability on borrowings

    Hi Mry Thanks for the response. I think my issue is that I don't know enough to be concerned.. I don't believe the property has actually increased much in value. Basically, it was bought for $800K in Jul 04 in Sydney. I have personally had to tip in around $50K per year to fund the shortfall...
  2. M

    Unit Trust deductability on borrowings

    Thanks for that. There are already 400 units that have been issued. How will this affect the transaction?
  3. M

    Unit Trust deductability on borrowings

    Hi I'm aware that if you borrow money to buy units in a hybrid trust, you can claim the interest as a personal tax deduction. I'm assuming that this is the same as a Unit Trust, in that the Hybrid Trust is operating as a Unit Trust if there are units outstanding. My question is this: The...
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