My wife and I are currently working overseas and are therefore not earning taxabale income in Aus. We are looking at investing in property and have a feeling that using a trust is the best method for this. As such, I am in the process of setting up a discretionary trust and a company as the trustee as well as placing a small deposit on a property. I'm now starting to see how much work and information needs to go into these things. I'm a systems accountant so I'm not so clued up on tax and legal issues but I should be able to learn quickly. There is a decent chance that my wife and I will not be earning much Aussie income over the next few years and, when we do, our property may have a positive cash flow. My question is, have I moved in the right direction for tax purposes? Should I be looking at a hybrid trust?