All Topics / Finance / First Home Owner

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  • Profile photo of RESULTSRESULTS
    Member
    @results
    Join Date: 2005
    Post Count: 1
    February 25, 2006 - 7:00 am

    Hi All,

    Here is a question I would really appreciate feedback on:

    If I (as a potential first home owner) purchase residential property through a Company/Trust structure, will I ever be eligable to receive the First Home Owners Grant (FHOG) if I later purchased in my own name?

    Thanks for your help! [exhappy]

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    February 25, 2006 - 7:54 am

    Hi Results

    If the property purchased in a Company / Trust name was an investment property then YES you would still be entitled to receive the FHOG if you later purchased a PPOR in your own name.

    Check out the OSR in your State for further information.

    Richard Taylor
    Residential & Commercial Finance Broker
    **Lodoc Commercial loans from 7.39%**
    Licensed Financial Planner
    Ph: 07 3720 1888
    [email protected]

    Richard Taylor | Australia's leading private lender

Viewing 2 posts - 1 through 2 (of 2 total)

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