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Correct. Great post and great explanation. This does assume that land would represent 50% of the site value though. To be honest I am I'm victoria and have not had too much exposure to naw land tax laws. To add to your post regarding a disc trust owning the shares in the bucket coy. This is...

Correct regarding potential to be acting in trustee capacity. However, being conservative I would rather have the cgt concessions available to me. Prefer to set up multiple trusts to deal with land tax threshold issues. Still more cost effective than not having cgt discount available. In...

I want to know why they bought a property via a company structure in the first place "face palm".......