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Why trusts are a catch-22
Manage episode 433225705 series 3521744
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Barred from borrowing any more money? Investing in a trust may not be the solution you think it is. On this episode of The Pure Property Podcast, co-hosts Phil Tarrant and Paul Glossop sit down with chartered accountant Munzurul Khan of KHI Partners to dispel widespread myths around buying property in a trust. The trio discuss why trusts don’t necessarily offer unlimited borrowing potential, and explore the challenges of snagging a positively geared property in Australia. Munzurul shares his checklist of essential calculations all investors must do when setting up a trust in order to prevent mishaps and ensure success.
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