Property Types

Types of Property Contracts/Ownership

Many people entering the Queensland property market are often confused about the complexity of real estate contracts, eventual ownership, and its ramifications.

Here is a simple breakdown of the system:

  • Progressive payments - stamp duty paid on land price only
  • Payment in full at settlement - stamp duty on Land & House
  • Put & Call - provides ability to sell prior to settlement and not pay stamp duty
  • Capital Gains Tax - losses in Australia off set (double dip)
  • Ownership - individual v. Trust v. LAQC
  • Tax Returns - filed NZ & Australia
  • Purchasing and holding costs = Tax relief against personal income tax via IRD

We are here to explain all these points to you. Please contact us with any questions.

Property is one of the most dependable long term ways to build your wealth. Property Performs!