Terryw wrote:
Hi RyanYou would only be transferring half the house so stamp duty on this portion only.

So assuming house is valued at $440000, it would be stamp duty on 50% of this. How does this work exactly? Is it because my name is already on the title that I only have to pay 50%? Can you provide me with further detail on this.Really…[Read more]

Terryw wrote:
You wouldn't pay CGT, she would as she is the one selling. You would just need to pay stamp duty and loan fees.There is no spousal deals between sisters I am afraid.

Terry, would you have to pay stamp duty on the value of the house, or half of that as that is effectively the share of the house as you already own the other half.I'm…[Read more]

Who would be obliged to pay the stamp duty here? I'm in a situation with my bro at the moment where we've owned a house for about 4 years now and he wants to sell. House and loan in our name, and we also go the FHOG too. I want to keep the property so we are looking into me buying him out. A few questions:- who would be responsible for paying…[Read more]

Terryw wrote:
Well one partner is just buying out the second. So it will be just the same as buying a another property – you need to apply for the loan, bank assesses the applicant, does the valuation, gives the approval and then the solicitor changes the title. The only difference is negotiations between buyer and seller should be easier.

So…[Read more]