All Topics / Creative Investing / Buying out 99% of a co owners share in tenant in common property

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  • Profile photo of madmadmarkmadmadmark
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    @madmadmark
    Join Date: 2007
    Post Count: 0
    January 18, 2024 - 11:36 pm

    Hi guys

    currently have 1/3 ownership of property in WA valued at 1.8 mil

    1/3 owned by my Dad and the other 1/3 my brother owned as tenants in common if I buy 99%  (therefore keeping him on the land title)of my dads share will it trigger stamp duty and capital gains

     

    thanks

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