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Reply: 1.1.1 From: Dale Gatherum-Goss Hi Steve Yes, you did hear right and yes, the losses from negative gearing can be used to offset against your salary as this is the "magic" of a hybrid trust. There are, as always, other issues to take into account and the asset protection does not...

Reply: 1 From: Dale Gatherum-Goss Hi Kim The ATO have not issued any such advice at all, as far as I have heard. I receive weekly bulletins from them and others and no such warnings have been forthcoming. Can your accountant direct you to why he/she thinks this? have fun Dale