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I'm not participating in discussions where you want to get insulting. Here's a thread discussing the issue over 12 pages to save time on recycled arguments. http://www.somersoft.com/forums/showthread.php?t=34523 And here's a comment that I made on that thread. "A few times early in...

Being a CPA means very little to me, I have CPAs as clients. A CPA once told me that if you move into a house you've rented for 9 years and sell it, it would be capital gains tax free. I don't care who said what or who they are, references to law, cases and rulings are what I respect in tax...

To save you some time waiting, I will not be answering your question. If I was to say "X Lawyers have hybrid deeds that fail", I will get ugly phone calls and may be sued for libel. Whilst I am sure I would have a good case, I don't want to waste a substantial portion of my time and money in...

Ever since hybrids were introduced, people have been told that the deed has to be "worded properly" and that every failed PBR and TD coming out of the ATO failed because it wasn't "worded properly". This also came from the top sellers of HDTs who had their own "worded properly" deeds fail. As...

Where precisely does the accountant say you make the tax savings? I can't see any. It sounds like the accountant was suggesting the last thing Coasty mentioned, getting a discretionary distribution and claiming an interest deduction against it, which is not possible. It could be that you...