I have a Family trust which my accountant has told me is excellant if the investment property which the trust purchased in 2007 becomes positively geared from what I can gather it is similar scenario trust function as to comments Qlds007.

My concern is that after three years of payments and little or minimal capital gains, whats the point of having the trust in the present if there is no capital gains for the foreseeable future

Can I get rid of the trust and just negative gear the property against my salary.

Anyone got any ideas how you do this, Would appreciate any advise!!!!!!

Regards

Mossman