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Hi Terry Yeah. All properties are in NSW. So it appeared that the 1% ownership is a good idea. It is good to know that my calculation in regards to this friend's land tax liability is correct Friend's land value is $402000 Daughter's land value is $198000 All below threshold.. t

so just wonder what the member think of this. A friend wants to assist his daughter to purchase a property worth $500000.00. Land value approxiamately $200000.00 A friend current land value on his current equity, for the land tax purpose is just exactly $400000.00. To borrow money the Equity...