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  1. Terry_w

    Unit Trusts & property

    1. There will be a few issues. Need to seek legal advice. 2. Not 100%. Was supposed to be abolished last year too. 3. Units would be the value of the assets held by the trust.
  2. Terry_w

    Unit Trusts & property

    The transfer of units in a unit trust in NSW is currently charged at a rate of 0.60% of value of those units. This would be much less than paying duty on the transfer of title to the property. NSW duty on the transfer of units is set to be abolished as of 1 July. I don't know much about the...
  3. Terry_w

    Unit Trusts & property

    very broad questions. 1. individual would borrow to buy income producing units 2. yes. probably cgt and stamp duty 3. yes. possibly stamp duty and cgt depending on a few things. 4. yes. heaps of differences. legal ownership of property wouldnt be changing for one thing. stamp duty...
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