Hi Everyone,
I am in between the process of buying first IP.
At the moment my foucus is on negative Gearing but at the same time I don't want to pay capital gains in future. I am hoping to buy few property in the future.
I have read about hybrid trust. Would anyone guide me whether it's a good idea to buy under Hybrid trust wit me and my wife being trustee ? The purpose of this would be to have asset protection just in case.
I heard and read that if you don't get it right ATO is very unfavourable on Hybrid trusts.
Any suggestions
