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The land tax threshold is an important factor for property owners in New South Wales (NSW) to consider. It determines whether or not they are required to pay land tax on their property. The threshold is set by the...
If you're considering investing in property, you may be wondering if a townhouse is a good investment. Townhouses are a popular choice for many investors because they offer a range of benefits. These benefits include lower maintenance costs and...
Have you ever wondered what it means when a property is "passed in" at an auction? If you're new to the real estate game, this term may be unfamiliar to you. Essentially, "passed in" means that the highest bid...
For many aspiring property owners, the great Australian dream of home ownership often collides with the reality of a hefty stamp duty burden. This one-time tax, based on property prices, can feel like a mountain to climb, leaving many...
Keeping track of tax records is an essential part of managing your finances in Australia. It's important to know how long you need to keep these records to ensure you're complying with the Australian Taxation Office (ATO) regulations. Failure...
Are you interested in buying an investment property in Australia but not sure how much deposit you need? It's a common question among potential property investors, and the answer depends on a few factors. In general, you'll need to...
If you're in the property market for a new home, you may be wondering who is eligible for stamp duty exemption in Vic. Stamp duty is a tax on property purchases. Stamp duty can add thousands of dollars to...
You may be wondering how you can avoid capital gains tax (CGT) when selling your investment property in Australia. CGT is a tax on the profit you make when you sell an asset, including investment properties. Fortunately, there are...
Are you wondering if stamp duty is payable on the transfer of property between family members? It's a common question, and the answer is not always straightforward. In general, transfers between family members are liable to transfer duty, just...
Are you planning to buy a property in Australia? If so, you might be like some of my friends who have approached me wondering if they can add stamp duty to their mortgage. Stamp duty is a tax that...