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thanks for that Propertunity, i see your point, yup you are right. not worth such an effort. cheers.

thanks nek, but it says: "if you earn personal services income as a sole trader, then the information in this fact sheet is of less relevance to you because you are already taxed directly on that income." i will be the sole trader that manages my wife's IPs. Am i correct here? my wife...

Hi, my wife will be having 2 IPs soon, all under solely her name. both are negatively geared. we intend to manage it ourselves. Her income bracket are higher than mine. can i get an ABN, formally start a "business" that only manage my wife's IPs? if her IP is getting $300 per week and...