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HeyJend, I was on the NSW OSR site the other day and noticed that language was removed also for 2008 rates. If you went to the calculator section, it states in previous years that the thresholds do not apply to fixed trusts as discussed here. They did a few changes in the recent budget...

Unfortunately theres nothing more we can do about the land tax situation as us investors are in the minority. Perhaps us landlords need to start adopting the English practice and pass on all theses additional costs as separate items unrelated to rent. A bit off topic here but to JoannaK, is...