richard1983 replied to the topic Discretionary family trust or NSW land tax unit trust? in the forum Help Needed! 11 years, 8 months ago
Tks Richard…. Starting to see that….
richard1983 replied to the topic Discretionary family trust or NSW land tax unit trust? in the forum Help Needed! 11 years, 8 months ago
I was sure that is what read in 0 to 130 properties in 3.5 years…
richard1983 replied to the topic Discretionary family trust or NSW land tax unit trust? in the forum Help Needed! 11 years, 8 months ago
I assume u also hit the borrowing wall under a family unit trust? Get the benefits of the tax free threshold… Well at least I think.. A little confused as it apples to unitholders who own property because I think they then lose their tax free threshold in NSw even for their poor… Or I could be wrong?
richard1983 replied to the topic Discretionary family trust or NSW land tax unit trust? in the forum Help Needed! 11 years, 8 months ago
Grrrr… I like a family trust because of simple finance which allows the ability not to hit the borrowing cap of other paths but don't like the land tax implications, ie no threshold in NSW…
starting to pull my hair out!
tks for ur guidance very much appreciated…
richard1983 replied to the topic Discretionary family trust or NSW land tax unit trust? in the forum Help Needed! 11 years, 8 months ago
Tks. Very confused.
i just want to make sure I get the best benefits and as little negatives as possible without hitting the borrowing limit which can otherwise take place… Now starting to think a hybrid trust (with product ruling)
soo confused
richard1983 replied to the topic Discretionary family trust or NSW land tax unit trust? in the forum Help Needed! 11 years, 8 months ago
I meant discretionary family trust or NSW land tax unit trust (family unit trust)
richard1983 replied to the topic I am new to this.. Help with structuring and general advice. Please! in the forum Help Needed! 11 years, 8 months ago
Thanks Terry just sent you a PM.