Nov 17, 2023 | Buying & Selling Residential
Wondering how dividing residential land influences your tax situation? It’s crucial to seek advice from a qualified taxation expert before proceeding with any sale or purchase. Key considerations include: Is GST applicable? Who bears the CGT (if any)? How will it be...
Nov 6, 2023 | Buying & Selling Residential
If you’re considering renting out your property, you might be wondering about your Capital Gains Tax (CGT) liability. The answer isn’t one-size-fits-all. CGT can apply when you sell a property, but renting doesn’t automatically trigger it. The key is to consult with...
Nov 1, 2023 | Buying & Selling Residential
Did you know that when buying vacant land, the contract can specify whether GST is payable? If you’re not GST registered and can’t claim it back, it might not seem crucial. But if the entity you’re buying in is GST registered and can claim it back, how GST is applied...
Jul 25, 2023 | Buying & Selling Residential
BackgroundAdcocks Conveyancing was approached by a Strata Group of 7 unit owners who had been trying to convert their strata title to a community title for 20 years, but to no avail. The different owners and multiple failed attempts at title conversion had resulted in...
May 9, 2023 | Buying & Selling Residential
Background At Adcocks Conveyancing, we understand the complexities involved in residential transactions and the importance of securing a smooth and successful outcome. Our team of experienced professionals is dedicated to guiding clients through the process of Torrens...
Jun 10, 2020 | Buying & Selling Residential, Leasing
The federal government announced a $700 million housing package for Australians to access $25,000 grants to build a new home or start a major renovation. In the midst of the craziness that is 2020, there is always a silver lining. The federal government announced a...
