Join our investing community
  1. Markfw

    Markfw New Member

    Joined:
    26th Nov, 2007
    Posts:
    2
    Location:
    sunshinecoast,Qld
    Hi
    I wonder if any one can tell me if a licenced real estate agent can make valuations for CGT/stamp duty purposes when an "in specie" transfer of business real property is made to a SMSF
    Thanks,Mark
     
  2. hiflo

    hiflo Well-Known Member

    Joined:
    3rd Jun, 2006
    Posts:
    68
    Location:
    Sydney, NSW
    The best place would be the State Revenue of each state as the "legal documents" would need to be stamped at the State Revenue.

    If you are not a qualified valuer, I doubt the Office of State Revenue would accept your valuation. Each and every transaction would need to pay stamp duty and I doubt they will stamp the document based on valuation from a person who is not qualified real estate valuer.

    But