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Continuing on the topic of Trusts. Can a Unit Trust be converted to a Discretionary Trust in time (once units have been redeemed)? As the trustee will be on the title for any property investments, I am assuming no CGT/Stamp Duty impacts? Only Land Tax as I believe discretionary trusts have no...

I am still working through but that is the plan... the only unit holder will be myself and/or a company with no discretionary element and units measured at NAV. But will need to research further as to whether I can utilise my land tax threshold in NSW, and how a company as joint unit-holder will...

What I mean by borrowing is that I have existing equity in my properties in my own name which I am drawing down for the purpose of buying units in the unit trust (which will house a property and generate income). As I have effectively borrowed again (loan with the bank/drawn upon equity -...

Thanks Terry, personal lending won't be an issue as I am drawing down on existing equity for deposit... but I will be borrowing within the Trust for the property itself. Can you elaborate on the interest deductibility (partial depending on trustee income and capital discretion?). Does this...

Just been doing a bit of research for an investment vehicle and am looking at Hybrid Trusts... seems to mix the benefits of discretionary and unit trusts. What are everyone's opinions on Hybrids (apart from increased cost of setup and increased ATO scrutiny)? For me it seems to allow...

Apologies if these are obvious questions... Could you please elaborate on how a Unit Trust would be used as an investment vehicle? And how it could link in with a SMSF in later years? I thought if you transfer any units down the track you would be up for stamp duty as well as CGT? With...

Thanks for the reply Paul, indeed it is a crystal ball problem! It may be that I am borderline Gen X/Y or otherwise brainwashed (I am 31), but Super and SMSF doesn't seem an attractive option for me... agree that it can provide some great tax savings in the future but that means no access to...

Hi All, Question for the experienced masses... I currently have two properties and looking to buy a third (or 3 more in the next say 6 years in various states) and was looking to house these investments in an investment vehicle of some sort. My reason for doing so is tax minimisation as...