How many Properties in a Trust in Q'land

dimanche 14 juin 2015

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.

So pay land tax , vs increase set up costs and ? increase accounting for extra trusts

Part of the issue is we're not sure at this time how long we will hold the properties . Plan is to sell once we've seen that growth , but we've certainly changed our plans in the past when we've seen opportunities come up

Any thoughts ?

Anyone looking at the same issue ?

Cliff
How many Properties in a Trust in Q'land

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