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as a resident and consumer, i personally am finding it very scary that the nsw government is attempting to sell off "willy nilly" our assets to unknown purchasers with unknown agenda's for a one-off budget balancing payment. i'd rather see them forgo the $500,000 single harbour views office...

i don't want to get off topic because this is a very interesting thread - but briefly - land tax, cost of running the trust, difficulty in obtaining finance, ato suspicous and treating hdt's with mistrust, it will work out well for us because we paid a significant amount of capital costs...

we've had two offers to buy our development site, with house on it, from fhb's for nearly 20% more than the bank revalued it at only 2 weeks ago. we're happy with the very low valuation as we're selling it out of the hdt directly to hubby - so the hdt will make a very nice claimable loss (due...