Thanks so much for everyones input. Will be passing on the helpful information to my friend.

Michael, in relation to your comment about doing an independant valuation for stamp duty purposes, would that be required since it is exempt anyway as a first home buyer?

Also, I believe the duplex was rented out for a year (in 2009?) since purchase back in 2003 (for 250k or so). Any idea how this would affect CGT?

Thanks Richard for your reply. His father owns one of the duplex (the other attached property is owned by a young family not linked to them in any way)

Can anyone confirm if CGT would have to be paid from the father being its a PPOR?

From my understanding CGT would be waived as it is a PPOR of the dad’s. And since it is my friend’s first…[Read more]

Hi guys,I am also interested in buying a US property. After hearing about RickH's success, I am also thinking about going with HouseBuyersUSA. I am a little sceptic about all these agents but. After doing some reading on this forum, I heard some agents buy US property and sell them to their customers at a much higher price claiming that it has…[Read more]

Hi RickHCongratulations on your purchase!