HDT Distribution Query

[not so lucky]

Hi folks
Well I have my HDT, as recommended by all the experts. I have property and shares in the HDT that I purchased with funds from Special Income Units issued to me. All income from these invesments must be distributed to me because I am the unit holder.

So how do I make this income discrecionary distribution? Can I reimburse the units at face value (ie $1 ea)? Do I have to reimburse the full value with CG to the unit holder?

Is there really any benefit in holding the investments in the HDT?

thanks

 

[AVD]

The units have to be redeemed at the market value of the underlying assets.

Contact your accountant about their opinion of the value of the HDT and they can give you an idea of the tax benefits and pro's and con's.

Alysha

www.gatherumgoss.com