Stamp duty is a tax imposed on numerous acquisitions, including selling real estate, cars and assets belonging to a business.
In the case of real estate, the purchaser is the one who pays the tax. It is a legal requirement for stamp duty to be paid within 30 days of the settlement date. All transfers of land, or sales of property, including gifts of property attract a duty, but there are a few exceptions to this, including:
As stamp duty isn’t a tax levied by the federal Government, the amount of stamp duty paid changes from state-to-sate. It’s worth researching the rate of your home state
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An opportunity awaits & we would love for you to join our motivated and successful team where your contribution will be valued! What an exciting start to 2025, with the continuing growth of our Property Management business! If you are looking to join a progressive team of many successes, with … Read more