Don't know why they do it like this. A couple (2 people) own x property, they should have 2 x the land tax threshold. Not 1.
Damn. Is there any way to undo the ownership structure so they can split 2 of the properties into single ownership? (without having to pay stamp...
Ok thanks for the clarification. PPOR aside, is owning properties under different names actually a way to minimise land tax? E.g. My parents...
NSW.
I've noticed some people don't pay land tax among my friends despite owning several property. One of them said they have multiple PPOR. I'm...
Yes that's the question. Thanks for the answer. Is it generally worth it to transfer the existing into a single name, and purchase the new one...
So no answer? Was thinking with the new investment house best way is not claim negative gearing. So no land tax needs to be paid.
The PPOR exceeds the threshold by a lot (but it's exempt as it's owner occupied). The property they want to buy will have land value of around...
Hi guys, my parents currently own 2 property in NSW. One house (primary residence) and one investment property. Both are under joint ownership....
No. Would be good to just have a view of the ocean or a view of anything far in the distance actually.
Hi guys, looking to purchase PPOR for my family. I regret not buying a few years earlier when everything was a lot cheaper... but oh well live and...
Separate names with a comma.
