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Reply: 2.1.2.1.2.1.1.1.1.1 From: Paul Zagoridis That's what I meant (smirk, blush) To drag this post back towards on-topic... Folks if you do plan to structure yourself to take advantage of this outrageously creative thinking, please document a commercial purpose for it. The ATO's...

Reply: 2.1.2.1.2.1.1.1 From: Paul Zagoridis hmmm There's an idea... Maybe Nella should operate a stud? Paul Zag Dreamspinner The Oz Film Biz site is archived at... http://wealthesteem.dyndns.org/

Reply: 2.1.2.1.2.1.1 From: Paul Zagoridis Not if you own a stud animal ;-) Paul Zag Dreamspinner The Oz Film Biz site is archived at... http://wealthesteem.dyndns.org/

Reply: 2.1.2.1.2 From: Paul Zagoridis In which case Robert, the entire enterprise is best set up as a breeding business. Everything related to the care and upkeep of the animal (including % of residence) and salary of carers is deductible. Worth even looking at primary producer incentives as...