Hi guys and gals,
Can anybody solve this little pickle:
Purchase Date: March 2002 for $390,000
Settlement Date: April 2003
The contact luckily had and/or nominee. I have upto 14 days prior to settlement to tell vendor who I am nominating.
I want to establish a Hybrid Trust with a Company as Trustee. Now problem is I already have purchased the property prior to establishing the trust. I believe the only issue that I am up against is the SRO (state revenue office) in relation to double stamp duty. I rang them yesterday but it was like talking to a brick wall. Can somebody comment or confirm that the only issues I will come across will be the double stamp duty and that is what I am trying to clarify if I need to pay this at all.
Can anybody solve this little pickle:
Purchase Date: March 2002 for $390,000
Settlement Date: April 2003
The contact luckily had and/or nominee. I have upto 14 days prior to settlement to tell vendor who I am nominating.
I want to establish a Hybrid Trust with a Company as Trustee. Now problem is I already have purchased the property prior to establishing the trust. I believe the only issue that I am up against is the SRO (state revenue office) in relation to double stamp duty. I rang them yesterday but it was like talking to a brick wall. Can somebody comment or confirm that the only issues I will come across will be the double stamp duty and that is what I am trying to clarify if I need to pay this at all.