Ok thanks for that – I think getting it now. Us two ‘bread winners’ would buy the units and claim the interest on the loans as a deduction. Assuming we have all four of us as beneficiaries, I assume the rental income the property generates has to be apportioned in some way and appear on our personal tax returns?
When I explained this to my…[Read more]

It would be cashflow negative. The trustee would possibly be me but am not sure of the importance of the role. I thought all four of us would be beneficiaries and unit holders. My understanding of the trust is that the income can be apportioned however we like i.e. to our partners.
I dont understand the question about how the gearing is going to…[Read more]