Hi guys, have a property in my personal name, bought 4 yrs ago, have lately set up a trust. Now I'm subdividing the property as I write this, if I transfer the property into my trust will I be hit with cgt, if so and I do it after the land been stamped as 2 lots would I get hit with cgt on both the house and land value.
Would it be best to transfer now while it's still 1 title.
I think I don't get hit with stamp duty fees when changing ownership.
Is this correct or can some help with some info
Would it be best to transfer now while it's still 1 title.
I think I don't get hit with stamp duty fees when changing ownership.
Is this correct or can some help with some info