If I bought a block for 180,000 then sold before settlement for 230,000 what costs would I have to pay. Would I have to pay CGT and stamp duty. What would the difference be if I waited until after settlement.

Any advice will be greatly appreciated.

Thanks

Thanks so much for the advice we will check these areas out.

This is harder than it looks!!![confused2][confused2]

Thanks for the replies:

Redwing: The property will be -geared. Have just started our search, we don’t really mind where we buy but uni, schools, transport etc for Joondallup area appealed. We know people who have also bought around Ballajura area. We are looking for a reasonably new 4 x 2.

We have been warned away from Clarkson, but have not…[Read more]