Total Members: 158,377

baharom

  • baharom replied to the topic How to structure the pay out of mums house? in the forum Help Needed! 17 years, 6 months ago

    Thanks Terry & Margaret,

    Would the full stamp duty apply, or just the pro-rata portion? Say 60k/300k = 20%, therefore only 20% of the regular full sale transaction stamp duty applies by placing 3 additional names on the title (mum = 80%, child1 = 6.67%, child2 = 6.67%, child3 = 6.67%) ? Wishful thinking?

    Secondly, the agreement idea sounds…[Read more]

  • baharom replied to the topic New Zealand in the forum No Subject 17 years, 6 months ago

    Thanks for taking the time to put such a rich reply together DLPP.
    I really appreciate it, and will press ahead, one step at a time!
    My best to you, Andrew.

baharom

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