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  • Profile photo of Rusty32Rusty32
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    @rusty32
    Join Date: 2012
    Post Count: 5

    This is another reason why a company is a good idea as trustee. – I would like to explore this further

    What would be the diffirence of the follow 2 scenarios?

    A) Unit Trust holds the assests and the Ownership of the units are Discretionary trusts

    B) Unit Trust holds the assests and the Ownership of the units are Companies

    Profile photo of Rusty32Rusty32
    Member
    @rusty32
    Join Date: 2012
    Post Count: 5

    Thanks Terryw,

    You have been a great help!

    Rusty

    Profile photo of Rusty32Rusty32
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    @rusty32
    Join Date: 2012
    Post Count: 5

    The trust will be in Victoria, The property could be in any state,

    Thanks for your help.

     

    we will be targeting property around 200k – 240k. We appreciate that our deposit will have to be higher to get it to positive and we plan to buy and hold as many of these properties as possible under that trust.

    Profile photo of Rusty32Rusty32
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    @rusty32
    Join Date: 2012
    Post Count: 5

    The trust will be in Victoria, The property could be in any state,

    Thanks for your help.

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