Hi PC'ers I am doing a development with two other people, effectively three entities. Initially we where going to put all three separate entities on the contract of sale to secure the land. Main reason behind that was once the dev is completed on the back end we would be able to split units (2 for x person 2 for y person 2 for z person) among us three without doing a transfer and paying stamp duty again. I was advised that this is not possible? And to go with a unit trust. Apparently regardless if you purchase the property as a unit trust or three separate entities you will end up paying stamp duty to get your share of the units on your own entity (for refinancing purposes/sales). Has anyone had any experience in this? I really don't want to pay stamp duty on the purchase of land and then on the back end to transfer respectively Any advice would be greatly appreciated.