Hi, This seems a common question but I can't find answer in previous threads. My question is with regard to land tax. Here is my question. Would it be better to own property as joint owner or separately? Example: I and my partner are planning to buy two lands $500k each. if we buy both lands as joint owner then total land tax would be : (500,000 x 2 - 432000) @1.6% +100= $9788 if we buy separately then each can utilize threshold, so each will pay (500000 - 432000) @1.6% + 100 = $1188 total = 1188 *2 = $2376 So if buying jointly total tax = $9788 if buying separately total tax = $2376 that is a massive difference. Is my calculation correct?