PropertyInvesting.com | J12345 | Activity https://www.propertyinvesting.com/members/j12345/activity/ Activity feed for J12345. Sat, 02 May 2026 02:47:58 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d80fc7743610e567e0a9ac719230c723 J12345 replied to the topic Subdivision - stamp duty in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5003877-subdivision-stamp-duty/#post-5005465 Thu, 02 Apr 2015 05:50:11 +0000 A great read. Thank you both for being so helpful. It’s a difficult area I appreciate.

J1234

]]> 2b0ebaf4a42b126866bfb4e651875530 J12345 replied to the topic Subdivision - stamp duty in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5003877-subdivision-stamp-duty/#post-5003964 Thu, 19 Mar 2015 06:49:25 +0000 Advice from accountant:

“If you have got a partition agreement for the title split, there is no CGT implication on the completion of the subdivision to 2 separate properties. The CGT only applies when you happen to sell the new property.”

Phew.

]]> 4fdfb0989687bc263e7b881ee918f9d3 J12345 replied to the topic Subdivision - stamp duty in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5003877-subdivision-stamp-duty/#post-5003949 Thu, 19 Mar 2015 04:10:22 +0000 No didn’t seek the advice on GST. Apart from accountants did confirm my intention to hold the property as selling may trigger GST on sale.

I took GST position from ATO website.

Regards
J1234

]]> 0add70e35498d119bfaf98818742c7e9 J12345 replied to the topic Subdivision - stamp duty in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5003877-subdivision-stamp-duty/#post-5003942 Thu, 19 Mar 2015 03:39:45 +0000 Thanks Terry

I did have a Deed of Partition set up and stamped yes. Although there is a change of title going from 2 names to one name, I believed that the Deed of Partition would cover that although any change in that % ownership as per a new valuation would have a duty payable on that % change. The stamp duty office would make their own…[Read more]

]]> 26d303a43d569b0309962f0ae70527ba J12345 started the topic Subdivision - stamp duty in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5003877-subdivision-stamp-duty/ Tue, 17 Mar 2015 08:51:29 +0000 Bought a Subdivision block creating a second property. Bought in 2 names of equal % ownership as Tenants in Common. Contemplating subdivision going through. That % ownership has now slightly changed – will obtain a valuation to show how much each property is worth. Implications? – stamp duty on the difference of what the % ownership was to what it…[Read more]

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