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    Solar Panels and Generation $'s to Owner?

    hi Folks, Not sure if this has been covered (a quick search and i didnt see it?). I am currently looking at a deal for some cheap(ish) solar panels, where they would become cash flow positive after 2-3 years (after depreciation etc). Has anyone considered dropping panels on an IP and...
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    [Accounting q]:- Unit Trust accounts in ledger?

    hi folks, I'm looking at using wave accounting to run the ledger for my fixed unit property trust. I'm looking for some advice on what accounts to setup for the starting balances of the ledger. The FUT issued 100 units @ $3000 per unit (i.e. $300k) to purchase land for $100k and...
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    Joint borrowing, but single name on title --> negative gearing implications?

    Hi Folks, Looking for some experience on this as I have two accountants giving me differing advice (and one wanting to charge :)). I'm trying to understand if the ATO could force me to split the negative gearing benefits? The situation is that I needed my wife's income on the mortgage loan...
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    Loaning to a discretionary trust

    Hi Guys, Looking for some advice, as I didn't see it covered in my trust deed (and not sure if it needs to be?) Are there any issues with a trustee loaning to the trust an amount of say $100 (treated as capital) for investment and recalling that loan at a later point in time? The idea...
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    Handling distrbutions on a discretionary trust?

    Hi Folks, I have two questions since December just rolled around (yes, newbie q's). What I have setup is a family discretionary trust with the following asset structures: - CBA CommSec - cash account (used for all moneys in and out of the trust) - CBA CommSec - investment account (pays...
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