Sub-dividing land – tips and traps

In this episode, Stuart and Mena discuss strategies to sub-divide land and common traps that people fall into, including:

• Revenue v. capital account – you need to establish what your intention is from the onset.
• Double duty – ensure planning is started after a nomination to avoid double duty
• Partition agreements – if you’re going into partnership/JV, ensure the title is set up correctly to allow each respective party to take their agreed-upon share without incurring duty.
• Use of the margin scheme – what is the margin scheme and how it operates? 

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