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Trust threshold is 350k. Individuals is 600k.

It's not that bad in the big picture, quite irrelevant really, unless your cashflow is super tight. My calcs put land tax at just over 0.15% of property valuation. i.e. 1/6 of 1%. Would be less if under personal names rather than trusts. Doesn't take much capital growth to blow that away...

One property is 5 townhouses strata titled, land is 5 x 100k. The other is currently a single site at 475k, which will be 6 strata townhouses in about 1 month, will probably be 6 x 100k. When this 2nd development is finished, land tax under a trust will rise by another $2,125. If it were...

Doesn't always work out better in a trust. We got 2 Bris IP's under 2 separate trusts, combined land tax is just under 8k. If these 2 properties were both purchased under my personal name, land tax would be just over 4k. Threshold is much lower for trusts and rates for amounts above...