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Thanks everyone for the replies and the PMs. I greatly appreciate it. I've had some trust deeds updated and sent everything to a second accountant and got his input. I'm also talking to a lawyer to discuss next steps. Their view is that the setup is not kosher and that the accounting firm has...

Terry - please post when your book is out. I'll definitely buy it. Yeah I'm open to the discussion on structures and what not. What I'm after is something practical. I don't want a trust structure that I can't get loans for or be told it's for asset protection and it can be dismantled...

Hi Terry Thanks for the detailed answer. Trust was established 2008/09 from memory (pre-GFC). I suppose you're right. It just seems the interpretation of related party has changed since we owned it considerably which is frustrating when we're trying to be compliant but don't have money to...

Thanks. The only reason this has come up is because the ATO has changed the definition of how they defined related parties as best as I can tell. This whole setup was compliant and had been for years. We've had it audited each year for compliance and never had issue. My gripe is a) how...

My partner and I met with my accountant recently to discuss our situation. We currently have a corporate trustee to a hybrid unit trust with a JV to a SMSF as our main investment vehicle (as this is what we were advised at the time). We were told that this is was a good structure to tap into our...

Hi there, I'm keen to find out if there are group of property investors/developers that get together to discuss, network, share ideas over semi regularly in Melbourne? Thanks in advance

1. Rich Dad Poor Dad by Robert Kiyosaki 2. What I didn't learn in school but wish I had by Jamie McIntyre 3. Pretty much anything by Robert G Allen I have plenty more but these are my top 3 most influential.

Has anyone on this forum dealt with Mark Rolton/Massland and had any positive dealings? If so would they be able to provide evidence of their deals and proof of how it went? I read a lot of negatives and not a lot of positives...

I've signed up as well. Will check it out - thanks!

My review of Bob Andersen's training I realise this is my first post so take that for what you will.... I would have posted an intro somewhere but I didn't see which forum would be the most appropriate. Anyway, I attended Bob's 3 day workshop over the past 3 days in Melbourne. My missus and...