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RESULTS IN YOUR BUSINESS, FINANCIAL & TAXATION AFFAIRS
Would you buy a house with friends or relatives? It’s not uncommon for friends and relatives to band together to capitalise on the investment property market. But what happens when it all goes wrong? The Housing Industry Association shows that it now takes 2.04 average full time salaries to comfortably service a standard mortgage on a median priced detached house in Sydney. So why not pool your assets? The tax issues Capital Gains Tax applies to any change of ownership of a