Im interisted in investing in Austrailia and currenlty based in NZ. In NZ we use LAQC’S to purchase the properties. What do you use in Australia???
Also what’s the deal with your stamp duty e.g what % and whats the purpose???
We dont have those type of vehicles, but achieve the same in other ways.
1) By using a hybrid trust, so that interest is attributed back to the highest income earner.
2) There is a special property trust that claims you can pass back the interest costs as well.
Stamp Duty – the rates differ for each state. There are many calculators around
http://www.homeonline.com.au/calculators/stamp-duty-calculator/The purpose – a tax by our state governments, which is used for cough roads cough hospitals cough etc.
Regards
JohnInspired Finance
(02) 9944 7776
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