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i think tax is grey whether u know what doing or not. i remember QC saying person once said lets simply trust tax law. he said response was they said the same as mathematics. to simplify they say let pi be 10/3. well we know what happen. not simple. same as tax. if no grey bits then why...

mry. why no go ahead. u say based on advice received. did u speak to ato or someone who say maybe hybrid ok. seem strange u all systems go one minute and suddenly halt the next. would like to be fly to hear who u talk to.

julia, as i say before i no have negative gearing so no hybrid. it was discretionary trust. gifted $10M to trust and it buy property. then about 13 years later it worth $20M. so gain would have been $10M and i would pay $5m plus stamp duty if i transfer from my name to kids. but i dont...

julia and mry who no answer about transfer asset to kids with no tax and cloning. i no see how salary sacrificing can do this. transfer to kids mean tax and stamp duty. not so with cloning. why do u answer only questions u like but not one u cant. explain to me how u have negative...

remember that accountants not lawyers as well. some are but not many. i remember steele case and many accountant running around saying interest capitalised. obviously one firm disagree because they take it to court. then won. because they think they right. then accountants go ohhhh yes we...

estate planning just not for when dead. i bought 50 acres dural in 1987 in discretionary trust. not negative geared so hybrid no issue. six year ago i trabsfer to children land. if done so in my name then tax bill of maybe $5M. capital gain was $20M. but i pay nothing. clayton utz do...

i read 66298 and it says Your circumstances require consideration of whether ‘apportionment of interest expenses is necessary’. This is because the units you intend to purchase in the trust do not have a fixed entitlement to capital and therefore do not have the features of ‘split property...

the ruling is interesting. it says 31. Their Honours then said (at 91 ATC 4958; 22 ATR 623): 'If, however, that consideration reveals that the disproportion between outgoing and relevant assessable income is essentially to be explained by reference to the independent pursuit of some other...

mry. very good to see your articles. fletcher case is interesting. what about not in a hybrid. if someone bought property in own name and negatively geared for one year and sold property would they be denied interest. maybe purpose not for long term. fletcher would say denied because...

maybe use unit trust not hybrid. then negative gear ok. maybe not good asset protection but make sure units geared. gear to offshore bank. creditors come. bank calls up funds. then person has to fight overseas jurisdiction. not advising to hide funds. ato onto that. but ok to have funds...

dont worry mry not a troll. might look like one though. am out making money but like a break now and then. mainly lawyers and accountants do work for me anyway. fight the councils and sales people find land. better their time than me. thread is very busy. people keen on it i see. why...

accountant funny here sometimes. hybrid trust good or bad. ed chan multi millionaire driving nice mercedes maybe wrong but he wealthy from them. smart. he not posting on forums debating. out making money. like me. but not from hybrids. mine from property. i read julia website and why...