Hi guys, I have a scenario I want to throw out there. We have found a great block of land at a new development that is (hopefully) going to have good capital growth over the next several years. The plan - to live there in 4 to 6 years. The question - should we do it under the Hybrid trust or do it under normal two names? The deal - Block at 359k. It's one of the two car park blocks next to the display homes - 650sqm and probable glimpses of the new golf course over and next to the first display home on the corner. As such - it will be leased back at 8% rent from the developer for min 2 years plus an extra 4 x 6 month leases (so likely 3 years lease) - when you know that currently Westpac is 7.01% then that is a positive cashflow prospect (not to mention further int rates cuts coming). If you knew if would be probably 4 years until a house was built , but its an 80% chance you would live there (may be tenanted for 1 or 2 years at most) , would you do it under the Hybrid trust or own names? Pros under Hybrid Trust - Protection. If sold at capital gain (if we decide not to live there after all) , then less cap gains tax. Cons - Land tax!! Living in own house under Hybrid trust may not be "arms length" ?