Hi on renovations v moving on to upgrade ,say having children .

The Stamp duty should be capped at say 4%per year ,each year from purchase of the same property you live in.

Instead the governments have relied on booming prices and cashing in .,this also feeds the tax take on C.G.T.

The 1 year + rule to avoid c.g.t should be wound out to 5 years to stop people exploiting the personal house flipping ,especially those like builders who write off all the reno costs?

First home buyers should be Stamp duty free for the very first house ,if sold within 5 years they then trigger the payment.

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Thank you for your article. I would like to build a granny flat on my property to accommodate my aged mother and my sister, who also has health issues. My mother would be paying for the secondary dwelling. I'm just wondering how we go about creating the written agreement you recommend. Is it through a legal service, justice of the peace, public trustee, formal will arrangement? Are there documents which can be privately sourced and officially verified and lodged?

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