My advice is to copy what other has done around your area. Can you afford to make mistake? IE. plans that no body like?
If you’re in to make money, than do what other has already done and proven successful; chances are they hired expensive architecture to draw it up anyway. Check the local real estate (all of them) and focus on new / sub…[Read more]

Thanks TerryW & Cata,

He did say something about Hybrid trust. but I must have misunderstood. If I were to setup the Hybrid discretionary trust can I claim all the above?
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My question is, if I were to spend 1k on flights, accommodation etc.. to buy this property, can I claim the 1k as part of the investments and so I can negatively geared…[Read more]

A good friend who has a trust said to me … the discretionary trust allows the director (me) to negatively geared against any loss as my current salary is used to pay the difference (short) for my IP.

Further more, any expense incured relating to the IP (maintenance, cost, land tax…etc. ) can be a write off against my salary for the current…[Read more]