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Discretionary trusts can negative gear like all tax payers. But a loss in a trust cannot be used to offset person income - Directly. In NSW discretionary trusts receive no land tax threshold at all. No trust can distribute losses or expenses. If a trust incurs land tax the trust claims the...

D.T. has a bad memory. Fixed unit trusts do have different treatment to discretionary trusts for land tax in NSW. The unit holders are considered the owners for land tax purposes. However Fixed unit trust offer absolutely no asset protection advantages over owning in individual names because the...