Thanks TerrywI will call an Australian lawyer tomorrow. NZ properties are selling 30-40K less than GVs and falling. Maybe it's time to cut our losses and be rid of the stress of paying a property manager to look after [poorly] our rental poorly. We are looking at the option of selling our NZ assets to pay off our mortgage here quickly.

Hi,Please help. I moved my family to Australia 2 years ago. We have a Trust in NZ and would like to transfer our Australian property into the NZ Trust. Can we do this?I would assume in doing so the Trust would have to pay stamp duty [and tax if we rent it] to the ATO.I am an Australian resident and my husband is an Australian citizen. We plan on…[Read more]