fishngym wrote:
Yes Linar,I absolutely agree. In QLD, the spousal transfer duty exemption is only applicable when transferring the title into joint tenants or tenants in common 50/50. It will not be applicable when trying to remove a name completely.

What about from 1 defacto of over 10 years who is working to the other defacto who is not…[Read more]

WJ Hooker wrote:
In Australia, you need to put down some sort of deposit after you agree on a price. Theory says 10%, but usually 5% or even $100 if you can swing it, law says if you pull out without valid reason you loose 0.25% ( unsure at the moment if its off your deposit or full price – think its full price – but if you only have $100 down…[Read more]

Valuations are based on previous sales in the area of comparable propertyDuring the last cycle I purchased property for a slightly higher price than Bank valuations, but this was at the beginning of the cycle, after many years of property stagnation, and it was property that value could easily be added to with minor reovation and future…[Read more]

Good for you for thinking about your future wealth at an early ageBUT,* What about enjoying your life a bit first, cant be to much money for fun after paying a mortgage on a part time job.* Furthering education, this can lead to a full time job and increased dollars making your investment journey easier.* Reading the books is a must, but I would…[Read more]