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Reply: 1.1.1.1.1 From: Rixter ® Hi Donna, For Non-Trust Structures,(ie Sole purchaser ,tenants in common & joint tenants) you still have to declare the weekly rental income collected and pay the appropriate tax necessary, so you will still have a Tax burden you can claim ligimate deductions...

Reply: 1 From: Rixter ® Hi Paul, The idea of >borrowing against the capital >to live on is flawed as this >then is a non tax deductible >debt and will continue to >escalate. So what if you cant claim all of it as a Tax deduction. If you owe $2mil with assets worth $4mil plus still...