Would you buy a house with friends or relatives?
It’s not uncommon for friends and relatives to band together to capitalise on the investment property market. But what happens when it all goes wrong?
Lending
What Everyone Selling a Property Valued at $750K or More Needs to Know
Every vendor selling a property needs to prove that they are a resident of Australia for tax purposes unless they are happy for the purchaser to withhold a 12.5% withholding tax. From 1 July 2017, every individual selling a property with a sale value of $750,000 or more is affected.
