All Topics / The Treasure Chest / double stamp duty

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  • Profile photo of Pro investorPro investor
    Participant
    @pro-investor
    Join Date: 2003
    Post Count: 108
    January 15, 2003 - 3:32 pm

    hi is it true if you write and or nominee on the contract they have the right to hit you with double stamp duty and if so is there an other way around it

    I’m from Queensland and my aunty tryed this and the real estate agent said a new law came out releasantly that you have to pay double stamp duty if you write and or nominee

    Thanks Rob

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636
    January 15, 2003 - 3:52 pm

    Hey Rob,
    There is a great article in the latest Australian Property Investor Magazine that explains this issue for Qld quite well. A good read.

    Enjoy
    AD

    A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
    -Sydney Smith

    Profile photo of Pro investorPro investor
    Participant
    @pro-investor
    Join Date: 2003
    Post Count: 108
    January 17, 2003 - 9:01 am

    Thanks for your reply the magazine article tells me all about it

    thanks Rob

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