Hi all I am currently considering setting up a property investment venture so was hoping to brainstorm a few things regarding how I hypothetically would /could structure a project. I have also started asking a local accountant w/ regards to this matter but not sure if they are specialists in this area, so if you do know an accountant that is familiar with these issues then please do recommend to me. The hypothetical project is for 10 units to be constructed, through which i will be entering with Partner B for 50% each via a unit trust which I will share with Partner C, giving me 25% ownership of the project. The unit trust would have a corporate trustee to limit any liability. Rationale: The rationale for the unit trust is to pass through the CGT Discount 50% allowed for trusts. (I am under the impresison that having a corporate trustee does not affect this) My share of the unit trust will be held through a family trust (discretionary) comprising only of family members, and an incorporated company with family members only as shareholders. There will also be a corporate trustee for this family trust. Rationale: Rental income derived will be put through to the company and held in retained earnings until it is decided how to distribute, which will be franked on distribution to family members. IF we do decide to sell the properties eventually, then CGT gains will be distributed to family members to take advantage of the 50% pass through CGT discount. I was hoping to get a bit of insight onto whether a) this structure would work b) there are any potential pitfalls i have imssed c) whether any of the corporate trustee levels i have used can be eliminated to reduce costs Thanks in advance!