Questions tagged [gift a house]

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TaegeukWarrior TaegeukWarrior Mon Jun 10 2024 | 5 answers 1275

Can I gift a house to my child in Australia?

Could you please elaborate on the following matter? I'm curious about the possibility of gifting a house to my child in Australia. Are there any specific regulations or procedures that I should be aware of? Would there be any tax implications for such a transaction? Additionally, are there any age restrictions or conditions that my child needs to meet in order to receive the property? I would greatly appreciate your insights and guidance on this matter.

Can I gift a house to my child in Australia?

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