All Topics / Legal & Accounting / Property Investment Trust

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  • Profile photo of catacata
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    @cata
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    February 17, 2006 - 11:24 pm

    I saw this on Summersoft and thought it may be useful. This will hurt the structure badly in my opinion.

    http://www.osr.nsw.gov.au/portal/pag…schema=OSRPTLT

    CATA
    Asset Protection Specialist
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    Profile photo of redwingredwing
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    February 18, 2006 - 3:31 am

    Agree Cata,

    The whole thread by Nick M was interesting.

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    Profile photo of TerrywTerryw
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    February 19, 2006 - 6:44 am

    Cata, the link no longer works. I’ve searched the site with no luck, what was it about?

    Terryw
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    Profile photo of catacata
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    @cata
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    February 20, 2006 - 7:52 am

    All about unit trusts Terry. Rather than explain it, I will refer you to the summersoft forum. Have a look at “Accounting and Tax” and find “Property Investor Trust- The Facts”

    This will explain it for you.

    CATA
    Asset Protection Specialist
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    Profile photo of grossrealisationgrossrealisation
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    February 21, 2006 - 2:42 am

    hi all
    for those like me that couldn’t open the link go to the osr site and you can get to the page off the site under ruling on unit trusts.
    Interesting read and so is the somersoft post.
    thanks cata

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    Profile photo of TerrywTerryw
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    March 17, 2006 - 7:01 am
    Originally posted by Cata:

    All about unit trusts Terry. Rather than explain it, I will refer you to the summersoft forum. Have a look at “Accounting and Tax” and find “Property Investor Trust- The Facts”

    This will explain it for you.

    CATA
    Asset Protection Specialist
    [email protected]

    Thanks CATA
    Here is the link on the somersoft forum:
    http://www.somersoft.com/forums/showthread.php?t=24292

    Now that the NSW OSR is assessing Unit Trusts as they are other trusts, then the main advantage (alleged) of the PIT is gone.

    Terryw
    Discover Home Loans
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