"Why some first buyers must hurry"

[alpina]

hi guys,

anyone read the article by rowen kelly in the daily telegraph today on pg.86? wanted to post an online link to it but couldn't find it.

anyway, more confused now than ever before.

prior to reading it, i thought we qualified for the stamp duty concession but not the $7k because my husband purchased an ip pre gst though he has never occupied it or "owned and occupied" anywhere else for that matter. after reading the article my understanding now is that if i purchase the home on my name solely, i will be eligible for both the stamp duty concession and the $7k, as long as i exchange pre july '04.

anyone care to shed some light on this for me?

julie

 

[Rolf Latham]

Hi Julie

I hold some email dialogue btwn the OSR and one of my clients.

2 weeks ago its was ok for only ONE person to not have held property B4.

The supposed "new" implementation of the regulation is that BOTH must not have had any sort of prop previously.

Id act on the later implementation.......................

ta
rolf