borrowing money to buy a loss making asset, to get a tax deduction and hope for a cap gain may be risky these days. managed investment schemes ran same theme,spruiking juicy deductions then sit back and wait for timber prices to go through the roof! great southern even owned the hundreds of thousands of acres of land the trees sat on, so should of made cap gains. investors in these schemes on average borrowed and risked only $10s of thousands, property speculators risk hundreds of thousands, lucky property always go up in australia.
