It was announced today to try and stimulate economy and construction. Im not sure of the finer details but could be much needed boost..

Thanks everyone for your input . I feel that this could be a step in the right direction. I think I found some info through sa revenue which states that if it is thr transfer between spouses of the matrimonial home then it is stamp duty exempt. Does anyone have any exp or input in this in SA.?
thanks

Your absolutely right about it not being a problem until you want to move forward……
We have been tossing up so many scenarios to try and get ahead but we feel that keeping all 3 properties would be ideal as they are in great locations and have very good prospects for future growth. Now we need to just make it work for the long haul.
We have…[Read more]

Hi Richard,

Yes the PPOR is in both our names.
ANZ is who we have been with for the last 6 years or so, and they have been ok to deal with but yes the loan manager does not have much idea about how to structure from an investment point of view, and obviously only serve their interests.
Is it difficult to get out of this structure and how would I…[Read more]

Thanks Terry,

 We are in SA so Im not sure of the stamp duty implications of say my husband buying me out or vise versa. Our income is distributed via a Family trust, so would it make any difference as to who bought out who?
Being a PPOR will there be any CGT if it is then turned into an IP say in 10 months time once new residence is built?

Does…[Read more]