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  1. Terry_w

    Stamp duty question

    If neice ever rents the property out she won't be able to claim the interest on the portion gifted to her even if there is a loan on it.
  2. Terry_w

    Stamp duty question

    Stamp duty is payable on the value of the property transferred. e.g $1,000,000 property. You own 30% The stamp duty on the transfer would be $300,000 x x%. Consider the effects of deductibilty of interest for your neice asset protection loans
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