in NSW you could buy the standard contract for $19 or so.

But then what? Do you know what special conditions needed? What searches to include? Expiry dates of searches. What boxes to tick, how to treat GST, land tax etc.

eg. you may include one document which is over 6 months in age and this could mean the contract is invalid. That could mean the purchaser could sign and exchange and then later decide to pull out using this as an out.

There is no real need to actually meet your accountant face to face. It can all be done over the phone and email/fax these days.

I think that paragraph was referring to the trustee in bankruptcy.

But a court can replace a trustee. In NSW this can be done under the Trustee Act. Just look at the Gina Reinhart case at the moment. Some of her children are trying to have the trustee (Gina) replaced.

certainly not free but a valuer can do a value as at a certain date in the past.

You would have to work out a comparison on what the CGT would be on both. And then factor in the ooprtunity cost of paying the tax now on the one you sell or retain the exemption for down the track.

If you rent the house out before living in it then the CGT is worked out of a time basis. If you live in it first and then rent it out you can take the value at the date if became a rental and use that as your cost base.

Since the offset account is just cash there should be no tax consequences how you pay for bills. Just take the cash out of the offset and pay or electronic transfer etc.

I think you need some expert and expensive advice which may save you a fortune.

Cash in a company can be got at by borrowing, but there are strict rules regarding this. Division 7A. Need a written agreement and must charge certain interest rate etc.

You would probably want a new trust set up and borrow from the bucket company and then build up investments in that trust. Once it gets to a certain level then a new trust should be formed.

its likely the vendor will have to pay two lots of commission too

aan offset is a savings account  so if you have used money from an offset then there is no interest incurred. it is like using cash.

but if u take money out of an offset the interest on the loan it is attached to will increase  so indirectly interest is incurred.

if the loan is investment then it will result in savings. if the loan is not deductible then there will be no change in deductibility. the interest on the home loan will increase however and this extra interest wont be deductible which means you will be losing out. therefore it is better to borrow to pay investment expenses rather than use offset money

vendor is locked in – possibly to both contracts.
what state is it in?