call the police, page-13

wooduk,

While I havent really been following this thread I thought it worth pointing out the following:

You presumeably purchased trees that were planted within a year of making the investment. The ATO product ruling said If this was done you received a 100% tax deduction forthe investment.

Here is the thing (and this was a complete shock to me too) the $3,000 was to ESTABLISH the trees and NOT to manage them for the 10 years. The rent for the land and the management fee for looking after the treess for the 10 year period was a deferred cost you should pay from net harvest proceeds i.e. 3% rent and 2.5% management fee (eg 5.5% at the back end).

This means, the money that you have physically handed over was to plant only. Suprisingly, you have not paid for them to be looked after for 10 years.

Believe me, I am not trying to be argumentative as this is a fact.

obviously, do your own research and this is not advice.