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Thanks Nonrecourse, It seems I have done everything you suggest - have all my IP's seperated into four dif DHT trusts and 1 IP Commercial !:D I have wondered....and I'll admit - more than often lately, how good my trusts are with concern to the banks. It seems I am structured correctly...

Thanks for the reminder Thorpey...I'm constantly working on it.:) Regards JO

Originally Posted by nonrecourse I'd also be interested to know what you mean NR? Do you mean you are easy fodder for the banks. I believe if the bank wants your money....trust or no trust....they go after everything. I do not TRUST that the trusts protect you from the banks. Regards JO

I have been tryiing to sell one particular property for 9 months now. I listed it at what the R/E told me was a market price only 5K over what he thought I should get bottom dollar. It is a terribly hard market and liquidity is difficult. I have since dropped the price by 20k. I have been...

You said it BC, (edited to make my post shorter!) I know it only too well. The tune has changed and I would love to corner Ed and try and have him say to me again :"Don't sell Jo, you're about to win the Lottery." I too saw Bill in Sydney 7 months ago. Below are my notes which I posted...