danyboi replied to the topic Using a trust structure and Land tax in Australia in the forum Help Needed! 8 years, 9 months ago
just an example calculation
Land tax in WA for 1,125,000. = $4030
land tax in wa for $600,000. = $1170but if all were owned by one entity value $1,725,000. land tax = $10270
Assuming the trust entity thing works out that way
danyboi started the topic Using a trust structure and Land tax in Australia in the forum Help Needed! 8 years, 9 months ago
Hi
Im just starting out on my investment journey and looking for some advice/ understanding on Land tax in Trusts.
Im buying properties that are positively geared, So i decided to setup a family trust structure.My current holdings
My name : my home, and 1 investment property that is very negatively geared ( and has a $4000 land tax bill)
Family…[Read more]danyboi replied to the topic 30 properties before 25, finance??? in the forum Finance 9 years, 2 months ago
danyboi became a registered member 9 years, 3 months ago