pevans replied to the topic Transfer ownership in the forum Legal & Accounting 17 years, 6 months ago
The full stamp duty would be over $50K.
pevans replied to the topic Transfer ownership in the forum Legal & Accounting 17 years, 6 months ago
Hi, thanks for your relies.My accountant has suggested selling my half to my wife. He tells me that all i need to do is obtain a market price for the land, then sell my half to her at half market value. As she would then have full title of the land, she is entitled to claim full deductions for the land and construction costs ( once the…[Read more]
pevans replied to the topic Hindsight is a beautiful thing in the forum General Property 17 years, 11 months ago
Hi Burham
Yes i hear you…
I remember visiting my parents down in Bunbury WA a few years back. You could buy places out of the paper that easily passed McKnight’s 11 second test, spoilt for choice…But “no one” bought investments in Bunbury….Until the BOOM hit that town too..
I think the key is to not follow the herd…Because if you wait…[Read more]
pevans replied to the topic Hindsight is a beautiful thing in the forum General Property 17 years, 11 months ago
Mickey
Spot on !! Its just amazing to see how expensive it is up there right now.
Did you have the pleasure of living there at some stage?
Pevans