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Hi Stacey Yes we use a corporate trustee. Usually the name on the title will be ABC Pty Ltd atf ?????? Unit Trust. With the word "Unit" in there the OSR usually leaves us alone. If not we just put in a Land Tax Variation Form showing the trust is not discreationary. Lenders vary but...

Hi Stacey Yep, I'm in NSW too. OSR Land Tax assessments look at the owner of the the property on the 31 December each year, not who or what controls the owner. For example, if a property is owned by a company, it makes no difference to the OSR what entity owns the shares. The same...

Hi snizen99 Ed mentions, "Trusts in NSW do not get a land tax threshold so land tax is paid from the very first dollar." This is a challenge specfic to "discreationary" trusts. To get around this lack of a land tax threshold, we own the asset in a unit trust and have a discreationary trust...