Hi all
Insofar as stamp duty and all the costs that come with real estate would investing into a very big property and sitting on it be more profitable than buying lots of small properties like units or villas and holding them.
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Originally posted by stargazer:Hi all
Insofar as stamp duty and all the costs that come with real estate would investing into a very big property and sitting on it be more profitable than buying lots of small properties like units or villas and holding them.
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
there is a website called stampoutstampduty.com.au wich will allow you to calculate stamp duty on any amount in every state. You can do a comparison between one bigger purchase and a few smaller ones.
Cheers,
Marc.
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