My mum bought an investment home a decade ago for $80k. Its now worth about $280k.
A family member now wants to buy a house to receive the FHOG.
Can my mum sell the house for $80k or does she have to sell it at market value?
Browse Forums Real Estate Re: Selling to family member 4Jun 06, 2009 6:28 pm Building a Wisdom Homes Impression 33 MkII http://lilypadintheponds.blogspot.com/ We have the keys! Tiling in progress... Re: Selling to family member 6Oct 04, 2009 11:40 pm Where you are coming from is where you are going to... Re: Selling to family member 7Oct 05, 2009 12:51 pm 12 March 2010 - Land titles received 3 April 2010 - Signed building contract 14 April 2010 - Prestart 28 April 2010 - Loan approved 30 June 2010 - Slab completed 27 August 2010 - Brickwork completed 22 September 2010 - Roofing completed 30 September 2010 - Internal walls plastered 12 October 2010 - Lock Up 19 November 2010 - PCI 26 November 2010 - Handover 29 December 2010 - Moved In https://forum.homeone.com.au/viewtopic.php?f=31&t=32584 Re: Selling to family member 10Oct 12, 2009 5:58 pm Are we still taking about the investment property mum bought a decade ago? If so then you could read this from the ATO http://www.ato.gov.au/individuals/conte ... /63460.htm Where you are coming from is where you are going to... Hi everyone, Newbie renovator here, after some advice for combining our family room in the picture and the alfresco and make a larger family room. There is a flush sill… 0 4891 |