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it all depends...

One fixed trust should not own more than 1 property for a few reasons: 1. Harder to pay off all loans to get the units into a SMSF (must be no loans at all in the trust for this to happen). 2. CGT strategies 3. Land tax in some states 4. stamp duty benefits in some states.

There are at least 3 definitions of a fixed trust - land tax acts (various) - Income Tax acts ITAA - SIS Act Generally the NSW land tax definition is the main one that people consider. s3A of the Land Tax Management Act. Unit hold must have an absolute right to income and capital of the...