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Thanks to all for quick replies. Much appreciated. Terry I am not sure what your comment on 'deductibility of interest' for my niece means...are you able to explain this to me further? Sorry but I'm new to this sort of information. Thanks...

Hi just looking for some clarity around having to pay stamp duty on selling my share of a property. Situation is that I purchased a house in Dec 2013 with my niece and her partner. I have 50% ownership. House is in Victoria. I now wish to get out of this deal and would be willing to give my...