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PB, You have such a way with words and of course, are correct.:) I have had some expensive lessons in regards to Trusts. VERY expensive. I did think I was protecting my assets and receiving professional advice. Yes, the deductions are now being questioned. I heard this from my...

Ah Huh! Doesn't year fly by fast.:eek: Hi awesome, just to clarify, do you know that there is a Finance Dept at C&N called Chan & Naylor Finance as well as their Accounting Department. Rolf is right and we have too little details to judge whether the bank was in err or the actual Finance...

Hi there, Sorry, I am in way too much of a rush these days and am not taking the proper time to clearify things. Not good and irresponsible of me! I have my first IP in both names....wasn't sure what I was doing back then!:eek: But have the other properties in trusts. My main reason was...

You hit the nail on the head there Sash. This is exactly what has happened. Most of the questions I ask cannot be answered at the time, and it is usually 48hrs by the time I get the answer back. I am thinking you are right. My Tax return would have records of all the Capital deductions and...

Why wouldn't I have bought negatively geared property in the higher income earners name? Regards JO

Hi there, In all fairness to C&N, I do have four trusts and our personals to do. So I was not expecting $2000-$3000. I wasn't expecting over 8 either. :eek: Callum, good point. I am almost certain I have a PIT trust set up. I will have to check, but I'm almost certain my last trust set...

I have mixed feelings. I was a client of Ed's just before he hit "the big time". I could go to his one office at Oatlands and see him there almost unannounced. In previous months, I found their client service just got worse and worse, not to mention their fees - to a point that I was...