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Yep…I didn't realise the fine differences between states either…gose to show if you don't become an expert in the areas your puting your $$$$ into, and rely on others to advise you…..sooner or later you will miss out..
Cheers
GregDHi there …just registered…but been around a bit.
I was a bit concerned re the advise from Richard on the FHOG, so I went to the Qld Govt web site and saw this…it is a copy and paste …describing the characteristics of an eligebil recipiant of the FHOG
- You must be a natural person, not a company or person acting in the capacity of trustee
- You, or a joint applicant, must be an Australian citizen or a permanent resident
- You must be at least 18 years of age when you entered into the eligible transaction (The Commissioner may consider an exemption from this requirement in certain circumstances)
- You and your spouse must not have received an earlier grant under the First Home Owner Grant Act 2000 or under a corresponding Act of an Australian State or Territory
- You and your spouse must not have previously held an interest in residential property in Australia prior to 1 July 2000. This includes investment homes
- You and your spouse must not have previously held an interest in residential property in Australia on or after 1 July 2000 in which you or your spouse have resided (Ownership of an investment property after 1 July 2000 will not prevent you from obtaining the Grant provided you have NOT lived in the home)
Just to clear the air…the investment house issue is different pre and post 1/7/2000
Everyone should check the FHOG out them selves straight from the horses mouth…
Cheers
GregD
Viewing 2 posts - 1 through 2 (of 2 total)