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    gift to trust question

    this is a bit complicated and I'm planning an appointment with the lawyer though I thought I'd get advice off reputable people on these forums. ABC unit trust:- 3 brothers (all married with kids) have a third percentage in units in a unit trust with a substantial amount of equity in...
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    Transfer of my property into unit for my mum

    Hi all, I own a residential property valued at 650k. I'm planning to be married next year however I do not want to tie my property into marriage because I have been holding this property for my mum since purchase. As I am title holder can I somehow create a Unit trust with my mum as the...
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    Legal Dispute with OSR for Stamp Duty rebate

    Hi All, A close friend of mine is currently in dispute with the OSR in regards to the stamp duty exemption rebate claimed in 2007. This has been an ongoing dispute and the legal bill plus interest has cost my mate 3 fold what the stamp duty exemption was to begin with. Regardless, the...
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    buying land in partnership

    Hi guys, I am buying land on saturday with a partner planning to build duplexes, we are getting a joint loan using our property as collateral. Our intentions are to build and sell, however if i wish to sell one duplex and my partner wants to keep his or live in his.. is there any stamp duty...
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    live, subdivide, build then sell

    I bought a house and lived in it for 15 years (street #36) until one day I opted to subdivide it into 2 blocks knock the original house down and build 2 new homes at once, the other house was allocated street number 38. I moved back into #36 for a couple of months and before selling it to move...
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    Journal entry for deposit on sale of property held in trust?

    Hi guys, Deposit relates 6 of the 30 apartments held in the real estate agents trust account. How do i treat it on the trial balance. Not a CGT event. Thanks Peter
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