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If she was to sell the property to a trust I am assuming we would need to pay stamp duty? Can she sell it to the trust for $1? I'm assuming the stamp duty will be calculated on market value if she does that anyway. Also, with commercial finance. Is the equity in the property included into the...

The only reason my cousin and I are talking about entering into contracts is because our grandmother is an old age pensioner and I assumed no finance company would entertain her.

Yes - We intend to pay out the loan in full once construction is complete and the properties are sold. As we won't be earning an income from the asset whilst it is being constructed, I don't want to hammer my cash flow with interest repayments.

What if my cousin and I entered into a joint venture with our grandmother (land owner) and obtained finance under our own names? Would that get around the PoA issue? The property is no longer her PPOR as she is now living with my father as she doesn't want to be alone. My uncle is residing int...

Hello Everybody :) I have been lurking around the forum for a month or so now but decided it was time to make my first post. I have a 900 m2 site in Eastwood, NSW which currently has an old red brick house on it. I am about to submit a DA to subdivide on Torrens title and construct 2 x 4...