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Thanks Terry. We have a few things to sort through, but my brother and I have both discussed how we should deal with the ever increasing land tax. We would probably have done something earlier if circumstances were different, but you have an idea of what we have been dealing with for several...

Thanks Terry. I'm not sure if I can borrow or not. You both know what you are talking about, and I'm guessing Paul's answer may have been in response to my question confusing him (or me wording it badly?) What sort of person do I see professionally to ask all these questions... accountant...

Thanks Terry. To clarify some of the points you raised, here is some more info. The trustee is able to distribute capital, and we have done so already. My brother has a very good grasp of the trust, I don't understand it, no matter how many times he has tried to explain it :o. This trust was...

I haven't mentioned an acquisition from a deceased estate? I may be confusing things as I think you may recall my question, about this time last year, whether I could buy my parents' house and hold it in a SMSF, and understand from the answers I received, that I could buy it in my own name but...

We have properties in a trust and paying a lot of land tax. We have a few options. Scenario 1. My brother and I each move a property from the trust into our individual names to spread the land tax. Neither he nor I hold property so this would be the only IP for each of us, so land tax would be...