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    Buying unit from Brother...

    Thanks everyone for your input - especially Kristine for your great reply... There is a lot of info to work through. This will be my second IP. So no First home owners $$$ and I will be using equity from IP1 (IP1 Value $210000 - owe $90000) as a deposit on IP2. I also have $30000...
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    Buying unit from Brother...

    Thanks PT_Bear, The property is in a good beach suburb that has rented well over the last 10 years or so. In 1999 the rent was $160. In 2003 it was $210. Today is $250. As I stated the purchase price is ~$300000. The rent is $250 p/week rent ($13000 p/annum). Costs last year were approx...
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    Buying unit from Brother...

    Hi All, I have a few questions. I am considering purchasing a 2BR unit in NSW that my older brother is considering selling - He is selling to finance another venture. My questions are: 1. Is there any way of transferring ownership without incurring stamp duty and other taxes? Possibly via...
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