All Topics / Help Needed! / Selling Before settlement

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  • Profile photo of O'DonnellO’Donnell
    Participant
    @laraod
    Join Date: 2017
    Post Count: 2
    September 18, 2017 - 11:45 am

    I have purchased a property in my name only in Victoria (stupid, I know, should have been and/or nominee) on a 25 day settlement and have had an offer from someone to purchase it before settlement. Is there any way to get around paying stamp duty twice (once for me and once for the other party) in this transaction?

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    September 18, 2017 - 4:01 pm

    Yes

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of O'DonnellO’Donnell
    Participant
    @laraod
    Join Date: 2017
    Post Count: 2
    September 18, 2017 - 4:15 pm

    Hi Terry! Do you have a suggestion for me? Can I call you? I had already been told by the forum moderator you were the one to speak to :).

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    September 18, 2017 - 6:29 pm

    My suggestion is to seek legal advice!
    Sorry I don’t take calls.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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

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