I have a airesearch m10 on a 94. Since last week it started pouring out white smoke and oil straight to the ground out of the exhaust. I rebuilt the turbo and it is still doing it. I am definitely confused and don't know where to look.

 

Check your oil lines, is the return oil line pointing down? its gravity feed.
I had this same problem when i installed my dsm 16g turbo. different turbo but all turbos are mounted the same way. I would shoot out white smoke and oil and wondered wtf i did wrong cuz, i had everything hooked up right i just didnt have the turbo clocked right my oil return line was horizontal instead of vertical but pointing down.

 

Maybe its not the turbo that was the problem. Could be a blown head gasket.

 

Don't forget to check the plugs. They tell all sorts of stories.
--Alex

 

My turbo is clocked with the drain down. The more I thought about it the more I thought could it be rings?
Thanks guys

 

Check your seals. Sometimes turbo clocked the wrong way will damage them, sending oil down your intercooler pipe and so on.