stamp duty question

barryl

Registered User
Messages
194
Hi,my question is,if you buy 70% of an investment property and the vendor holds onto a 30% investment share.Do I pay 70% or 100% stamp duty on the full value of the property. thanks
 
70%. You only pay stamp duty on the market value of the interest you are buying. You are buying 70% and will have 70% registered in your name so thats all you pay stamp duty on.

mf
 
Back
Top