hi I couldn't find the attachment for the history of hybrid discretionary trusts to read through…not sure if I was looking in the right spot. 

I am trying to assess if we are best using this type of structure to purchase an IP and rent to ourselves at market rent.  We run a small business and are about to pay our PPR off.  I have been told this is a bad strategy for asset protection by my lawyer as we are in both directors on this company etc.  We currently own two other IP's in a family trust, buy my accoutant suggested that I look into and talk to a lawyer again about the pros and cons of selling our PPR, releasing the much needed and comprised equity and purchasing a house in a trust structure and renting it out oursevles and utilising the negative gearing benefits (we are grouped for taxing purposes – trusts and company and could do the same with the new structure) or just renting a house from a third party (no keen on) and buying other a couple of other IP's and renting them out to third parties. Can anyone please help with advise on these options.