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Some are more straightforward than others . It's not a unit or hybrid, or a special one that can only be driven by the accountant / lawyer / marketing company it's bought off ....:rolleyes: Cliff

Straightforward discretionary trust . Looked at all the other structures and wasn't convinced of any benefits in our situation . For me it was an example of the KISS principle . Cliff

Thanks for the feedback everyone . btw RPI ? typo re GST in second paragraph ? I'd been assuming 1 / trust , but just wanted to run it past the " Brains Trust " . In the previous cycle we had up to 5 IP's / trust in Q'land with no land tax , but obviously the tax free threshold...

We'd do that , though still finding deals we like in Brisbane . Depends on what runs out first , the deals or the money ;) Cliff

That's what I was going to do . Just slight more work accounting wise . Cliff

Yep , we've done that . SA is the same as Q'land .... Maybe we should look at buying some there rather than more in brissie , but we know brissie and still finding good deals . Cliff

That's what I'm thinking , but when you looking at buying a few ...... On an annual basis with one property / trust would probably be less . We have companies available to use as trustees . I like the ease with which we can distribute from our profitable trust to cover shortfalls in others...

Previous cycle , we were able to put several proprieties in each trust in Q'land Currently , threshold is 350 K land tax per trust . We're buying IP's , land value just over 100 K . Assuming prices double in next few years , then two IP's in a trust will take you over the threshold...