QLD Stamp Duty Exemption if a house you buy is currently tenanted for another 6 months??

Discussion in 'Accounting & Tax' started by Brad Lavers, 2nd Oct, 2016.

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  1. Brad Lavers

    Brad Lavers New Member

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    Hi

    Hoping to seek clarity in terms of first home buyer stamp duty exemption in QLD.
    If I were to buy a house that is tenanted for another 6 months, would I still be eligible for first home buyers stamp duty exemption? Or is the property deemed an investment property due to current tenancy?

    We do intend on moving in after the lease expires.

    Thanks in advance
    Brad
     
    Brad Lavers, 2nd Oct, 2016
    #1
  2. vbplease

    vbplease Well-Known Member

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    Found the form for you..
    https://publications.qld.gov.au/dat...4-a15f-432fe87a2ea3/download/form-d2.1v10.pdf
    The paragraph you're interested in..
     
    vbplease, 2nd Oct, 2016
    #2
  3. Brad Lavers

    Brad Lavers New Member

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    All good found the answer I was looking for - pretty much have 6 months to move in from date of sale and allow tenants to finish their lease which is fair I say
     
    Brad Lavers, 2nd Oct, 2016
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  4. Brad Lavers

    Brad Lavers New Member

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    Brad Lavers, 2nd Oct, 2016
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