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  1. Terry_w

    Unit trust home loan

    Yes, you have to consider the most effective way to do this.
  2. Terry_w

    Unit trust home loan

    Why are you lending the trust $50k if you are supposed to be borrowing to buy the units? Best to seek proper advice as too costly to fix this sort of thing.
  3. Terry_w

    Unit trust home loan

    Nope. Unit holders may be able to claim the interest if they borrow to buy the units. Trustee owning and trustee borrowing would be easier to get finance.
  4. Terry_w

    Unit trust home loan

    Yes. The trust will then claim all the deductions for interest. If the income is not enough to cover expesnse there will be a loss which will be either trapped in the trust or which could be used to offset other income of the trust - ie negative gearing. If the unit holders borrow to buy...
  5. Terry_w

    Unit trust home loan

    Totally different but from a borrowing perspective loan in the name of unit holder while title in name of trustee for both. I think this is what concerns lenders the most rather than the terms of the deed.
  6. Terry_w

    Unit trust home loan

    Structure yes. But loan in different name to owner no.
  7. Terry_w

    Unit trust home loan

    Very different from a hybrid but the same borrowing isses will arise - name on loan needs to be different to the owner of the property and that is what makes lending difficult.
  8. Terry_w

    Unit trust home loan

    Trusts are not legal persons so they cannot hold titles. A trust is a legal relationship between a trustee and the beneficiaries. Title in company name with loan in third party unit holder name is what you are after. To answer your question - St George are good at this sort of thing. I have...
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