pre sale sell on

F

flashdba

Guest
It was my understanding that if the property was sold on before full payment was made to the builder that there was not any capital gains or stamp duty obligations ... do you know if this is true ?
 
If you do a search for 'flipping' you will find that this issue has been discussed several times before.
 
If the property is sold on there is no stamp duty obligation afaik but there is a capital gains tax liability. CCOVICH is right, there are lots of threads on flipping. None seem to have definitive answers though.
 
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