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Reply: 2.1.1.2.2 From: Dale Gatherum-Goss Hi A partnership lodges it's own tax return, but, does not pay tax at all. The income is indeed split between the partners in equal proportions unless there is a partnership agreement stating otherwise. For example, the P'ship earns $20,000 in rent...

Reply: 2.1.2 From: Dale Gatherum-Goss Hi Owen Actually, rewriting the partnership agreement may in fact have a terrible impact for CGT purposes and possibly stamp duty purposes. Be careful Dale

Reply: 2.2 From: Dale Gatherum-Goss Hi Duncan I would be wary of using the D'Souza example as it is has a couple of "particular" issues that do not apply to most investors. The primary one is that the D'Souza's have a large portfolio of property and are obviously conducting a business. The...

Reply: 5 From: Dale Gatherum-Goss Hi A lot will depend upon your long term strategies. What are you looking at achieving from investing - long term? The reason I say this is that things change. The current negative income is great if you have a large income and your wife none and you...