Hi everybody, I'm after a bit of advice. I'm currently working offshore and am officially a non resident for tax purposes. My portfolio consists of 15% bonds and 85% shares which I trade through an offshore broker. I'm looking to balance my portfolio but am worried about the tax implications of IPs. I figure since negative gearing makes no difference to me the only benefit of an IP is leveraging? Can anyone suggest any alternative investment avenues apart from shares, which will not effect my tax status and not leave me so exposed to the market. I will be moving from this postion in aprox. 4 years and back to a normal tax paying job, so an exit strategy is also something that must be considered. The strategy at the moment (you'll love this one!!) - buy highly liquid, the day before resettling in AUS cash the lot, then rebuy when in the country (and liable for CGT). I'm certain this is flawed but then that's why I'm here! Thanks for any help you can give.