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  1. perky29

    Government to introduce 2.25% Levy on Sale of Investment ppty's

    In this mornings SMH, one of our forum members ROSSV features on page 7. Ross says his rentals will need to increase by 10% to cover this new land tax - and he probably sell at least one property as a result. Ross is right - these taxes are over the top. Fancy making you pay 2.25% on the...
  2. perky29

    Government to introduce 2.25% Levy on Sale of Investment ppty's

    Like Sea_Change does in QLD, I wonder if purchasers in NSW are now better off having multiple trusts like you do in QLD? That may be a way to minimise it - any takers?
  3. perky29

    Government to introduce 2.25% Levy on Sale of Investment ppty's

    So how would this work if you sold your PPOR and then moved into your IP you had for (lets say) 5 years - then moved on again and again every 5 years?
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