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SS Sounds like this is a great argument for using a DT rather than a HDT

James I think before you start speaking in such an authoritarian way against Mry and the references he quoted you should point out that you are neither a tax agent or university educated in fact 2 years ago you were selling real estate. So just what four things in that list, in your opinion are...

Sorry guys, I have the same problem as Mry time starved time of the year. So I will be brief. If no tax is avoided so HDT not a problem with ATO then there is no tax advantage in having them and “operating them correctly” Mry asked why there are no professional bodies ie CPAs...

SS, Capitalised interest is deductible as long as your dominant purpose is not a tax benefit ie PBR69725 Shadow, For a HDT to provide all the benefits you list it would have to go from being a unit trust to a discretionary trust and run the guantlet of all the issues we have discussed...

Well haven’t you guys been busy! I don’t think it is that complicated unless you are trying to find excuses around the basic truth of why you are using a HDT. Mry, Thanks for coming to my defense in my absence and keep up the good work. Excellent research and tenacity. Glad you were...

James, Dale’s article says: “Redemption on the special income units in a hybrid trust, then should logically mean the units are bought back at their market value for tax purposes, regardless of the price paid for those units initially.”

James, 1) Why do you need a Hybrid trust to gain all the tax deductions you list? 2) What is the redemption price of the units linked to?

Maybe there is smoke in your eyes.

So James I conclude from the information you provide that the only advantage of a HDT is being able to change from a unit trust to a discretionary trust but to do this the units must be redeemed at market value which effectively means CGT must be paid on all the assets in the trust. Is this...

James What about a few other quotes in Dale’s article ie “ Tax benefits are nice to have, but the stress of failing a tax review along with the pain of repaying tax benefits and fines aren’t worth the hassle, in my opinion” And “As a special income unit holder, you must be...

Dale has described the problems quiet fairly in August API the only thing missing is why, considering the requirements he set for a HDT to pass and ATO "review", would anyone bother to use a HDT.