Land Tax and Trusts

[Alex Investor]

Does anyone know if there is a land Tax threshold for real estate held in a trust? If there is no threshold then would you still think it better to buy property in a trust as opposed to holding it in your own name?

Regards,

Alex

 

[DaleGG]

HI

In NSW there is no exemptions for trusts owning property for land tax. Victoria does have an exemption as does many other states.

A lot depends upon your investment goals, but, if you plan on buying a number of IP's then Yes, I do believe it is still worthwhile to use a trust to own IP's.

Dale