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Thanks for the great replies! So discretionary trusts are no good for negative gearing- so I should only use trust for positive or neutral geared property... Few more questions: 1. For land tax, is it that even if I personally don't pay land tax, the discretionary trust cannot pass the land...

Have been searching for information about trust structures and wondered what the most common one people use for investment in NSW is for asset protection without making finance difficult? My wife and I own several properties in Sydney tenants in common, but they are units so still under land tax...