Someone pm'd me this SS thread, a real blast from the past. Still have that ring BTW... I need to upgrade.. For those interested in this topic..... here you go Correct legal structure for property developments MTR
I would probably suggest a company to do developments in these days. Land tax benefits in many states, ability to retain income, pay out dividends - shareholder could be another company or a discretionary trust with a bucket company as beneficiaries.
Any issues with the property holding entity also doing the development? Would have thought that increases exposure to have assets? pros and cons of shareholder being a company vs trust with bucket company?
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