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Closely Held Unit Trust Investments

Discussion in 'Investing Strategies' started by dybcon, 9th Jan, 2009.

  1. dybcon

    dybcon Member

    Joined:
    9th Jan, 2009
    Posts:
    5
    Location:
    Dalby
    Hi all,

    I am concerned in relation to allowable investments for a closely held unit trust. I have a SMSF and have been looking to set up a unit trust and buy property through the UT. Am I able to purchase residential property like a duplex or can it only be commercial property like holiday units? And is there really a difference?

    Cheers

    Dybs