I was thinking to join forces with the friend of mine. I buy the land at $600k which will give me max saving on stamp duty here in Victoria. He develops 2 THs @ 600k and "give" one to me and keep the other one. Has anyone done something similar? To do this and avoid taxes I guess we should create a company with 50/50 ownership and close it down once finished? We are both borrowing to reach the $600k.