All Topics / Help Needed! / First home owners grant after buying Investment?

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of Woody86Woody86
    Member
    @woody86
    Join Date: 2011
    Post Count: 30
    May 8, 2011 - 8:34 am

    Hi guys

    I just bought an investment and have been advised that I am still eligible for the fhog although not the stamp duty concession.

    I was under the impression that as long as my first property is purely for investment i would still be eligible for the fhog and the stamp duty concession

    Can anyone confirm if this is true or not???

    thanks

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    May 8, 2011 - 10:50 am

    As long as you havent ever occupied the property and havent owned a previous property in which you have lived you will get the FHOG however the Stamp Duty concession is slightly different and will depend on the OSR in your State.

    Qld for example is a definate no on that front.

    Cheers

    Yours in Finance 

    Richard Taylor | Australia's leading private lender

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,069
    May 8, 2011 - 12:28 pm

    Easiest way to find out is to give your local OSR a buzz – they should be able to help you out.

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of Woody86Woody86
    Member
    @woody86
    Join Date: 2011
    Post Count: 30
    May 8, 2011 - 10:45 pm

    Great thanks again

Viewing 4 posts - 1 through 4 (of 4 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.