Search results

In QLD you could have each property each in a separate trust and likely not pay land tax for a long long time. (When land tax laws change). Just don't change the trust !! QLD has a nasty indirect duties rule that could trip stamp duty if the trust deed is amended and other matters. Just...

Not quite correct. If A + B owns a property with land value of $600K then its assessed to the joint owners and some tax is paid. THEN each individual is assessed on their share plus any personal property with share of the tax paid to the joint owners credited. If the personal assessment = zero...