The minister was suggesting that the vehicle be given to him as a charitable contribution, taking the tax advanage and he would make up the difference privately and the agency would have great PR with the church members.

ThoughtsFollowing is the article.The Government is warning that New Zealand's fragile economy could be in for trouble with the prospect of property markets crashing in our biggest export markets.Finance Minister Bill English, relaxed and in good humour at a post-Budget gathering of South Island business people yesterday, said the Government was putting New Zealand on a path to greater prosperity but some things were outside its control.He was concerned about the potential for property-market crashes in Australia and China - New Zealand's two biggest export markets."

The most important thing to me is freedom---so I can live out my true passion and purpose of ministering to those in need.I hope to help all of you in any way I can.

If you have a problem with family - take it to a counselor or your minister.

You just think you have rights, and you do, when you are allowed to have them.Arguing this aspect with many of the younger generation, at this time, is like a minister denouncing attitudes of a group at a gay rally!

I am an active minister and ministry volunteer.

I'm speculating that they desperately want to do so, but are probably getting pushback from Minister of Finance and the banks, as they likely fear any further tightening could lead to the piercing of the bubble. 

Further, should foreclosure, deed in lieu, etc occur, there is no need to form another entity to hold title, the same series can hold title with the same asset protection benefits.While I’m on my asset protection soapbox I will share that many investors make the mistake of either going in for very expensive, dubious value asset protection strategies (foreign asset protection trust based in Nevis and held in a Lichtenstein Corporation while being based in Bahamas and managed by a trustee related to the former Bahamian Prime Ministers wife’s third cousin) or don’t want the hassle so have no asset protection at all.  

@Herve FrancoisThe participant loan feature of the Solo 401k might work in a pinch (if you are looking to use the loan proceeds rather than make them available to the 401k), but there are limitations.

We currently rent to 2 other friends, one has been there 3 years, the other moved in June 1st, and is the senior minister at our church.We are on good terms with all of them.Will this practice bite us in the rear at some point?