Hi Lostie,I have managed two properties myself and have found it a rewarding experience in that I now know what the property managers are doing for me and what I am paying for.  There is a lot to know but it is worth the effort and as the vendor is leasing it back, there is every chance you won't have too much hassle.  I am not sure which state y…[Read more]

Draconis

I just bought a book called ‘Trust Magic’ written by Dale -Gatherum-Goss i think it cost about $110.70 inc postage but it was the best $110 I spent. It gives the full story about trusts in easy to understand language. Only a week before I spent $400 listening to a lawyer give me a run down on a dodgy use of hybrid trusts, but after…[Read more]

Originally posted by elkam:
Hello Geoffrey

Pending an answer from the forums resident trust guru here is a link to a thread where Terryw gives a clear and simple explination of Hybrid trusts.

https://www.propertyinvesting.com/forum/topic/23422.html?SearchTerms=hybrid,discretionary,trust

As trusts can not distribute losses, the HDT is a way to…[Read more]