I have a friend with a unit wanting to sell to me for $500k.

I have a friend with a unit wanting to sell to me for $500k. Her GCT is around $50K. My stamp duty is around $25k. She wants to give $200k away to a friend after the sale. Is this the best strategy to cut costs? She sells to me for $300k (reduces her CGT) and I gift $200K to her friend. My stamp duty is then $13k. I flip the property and pay…[Read more]