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Thank you for input Paul, Peter & Terry. Much appreciated. Looking more likely to go with a unit trust, getting this structuring stuff out of the way and commence looking for the actual money-maker, the property itself! Cheers

G'day everyone, Some help would be much appreciated having spoken to a number of people and gotten differing opinions from all.:D The scenario: Group of 4 friends looking to buy a residential property up to 1.8m in Melbourne Plan would be to renovate in the short-term if need be, rent...