[QUOTE
Although I live in Sydney, 5 of my I/P's are in Qld. 2 in Redland Bay, a unit in Beenleigh, 1 in redbank Plains and 1 in Collingwood Park,
All are under wife's,mine, or both names i.e no trust.
To date, have not heard from OSR (Qld), don't want to either, (probably just jinxed myself ).
We paid land tax last year on an I/P here in Sydney (typical).
Marty[/QUOTE]
Marty,
Same here. I have 5 in QLD. 3 X Currumbin, 1 X Northgate and 1 X Maryborough. I haven't heard from the QLD OSR and after paying $3543 LT on our property at Randwick here in Sydney I don't want to. Where is the incentive to own all this crap? CG, if it comes then you pay tax when you sell. Even if you buy and hold someone in your family will one day pay tax on the sale of the property...
Bobby
Although I live in Sydney, 5 of my I/P's are in Qld. 2 in Redland Bay, a unit in Beenleigh, 1 in redbank Plains and 1 in Collingwood Park,
All are under wife's,mine, or both names i.e no trust.
To date, have not heard from OSR (Qld), don't want to either, (probably just jinxed myself ).
We paid land tax last year on an I/P here in Sydney (typical).
Marty[/QUOTE]
Marty,
Same here. I have 5 in QLD. 3 X Currumbin, 1 X Northgate and 1 X Maryborough. I haven't heard from the QLD OSR and after paying $3543 LT on our property at Randwick here in Sydney I don't want to. Where is the incentive to own all this crap? CG, if it comes then you pay tax when you sell. Even if you buy and hold someone in your family will one day pay tax on the sale of the property...
Bobby