Hi Dazzling,

I am in a similar position to Brett, looking to transfer ownership of our PPOR to solely my name to take advantage of negative gearing benefits when we turn the propoerty into an IP.

We are not sure about the stamp duty implications. We are in W.A. Do you have an answser to Bretts 2nd question for W.A. properties.

Regards,
Billy

Mad-Cat,

I have considered a similar strategy, but from my research, the costs involved would mean you would need to develop the blocks rather than just selling the land.

Firstly, the large blocks that you find must be zoned for sub-division. If the zoning is there, it will be reflected in the asking price. This is why basically sound houses are…[Read more]