What is the difference between a gift and a loan?
28 Feb What is the difference between a gift and a loan?
What is the difference between gifting money or loaning money to my family members?...
Commercial & Property Law
I want to lend or gift money to my child, what do I need to be aware of?
26 Feb I want to lend or gift money to my child, what do I need to be aware of?
Lending within family members, especially parents lending to their children, is on the rise due to escalating housing costs and economic constraints in Australia. Although there might be a tendency to rely on informal arrangements, our experienced lawyers at Solari and Stock know that a...
Changes to Eligibility for Land Tax Exemption for Principal Place of Residence-updated
31 Jan Changes to Eligibility for Land Tax Exemption for Principal Place of Residence-updated
On 1 February 2024 changes introduced to the Land Tax Management Act (LTMA) 1956 become effective, changing the eligibility for principal place of residence exemption for landowners (PPR exemption)....
Land Tax Exemption Changes-Updated
24 Jan Land Tax Exemption Changes-Updated
On 1 February 2024 changes introduced to the Land Tax Management Act (LTMA) 1956 become effective, changing the eligibility for principal place of residence exemption for landowners (PPR exemption). If you own less than a 25% interest in the land, and you currently receive a...
Christmas Closure
22 Dec Christmas Closure
Posted at 11:04h
in Commercial & Property Law, Conveyancing, Family Law, Uncategorized, Wills & Estates
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Solari and Stock are closing at 1pm on Friday 22 December 2023 and will reopen at 9am on Monday 8 January 2024....
Land Tax Exemption Changes
01 Nov Land Tax Exemption Changes
From 1 February 2024, a person is not entitled to a principal place of residence exemption in relation to a property, unless all the persons who use and occupy the property as their principal place of residence together own at least a 25% interest in...
Changes to Eligibility for Land Tax Exemption for Principal Place of Residence
30 Oct Changes to Eligibility for Land Tax Exemption for Principal Place of Residence
On 19 September 2023, and as a result of the NSW Government’s 23/24 Budget, the Treasury and Revenue Legislation Amendment Bill 2023 (NSW) was introduced into Parliament which introduced changes to the Land Tax Management Act 1956 (NSW) which changes the eligibility for the land...
Understanding Negative Gearing
18 Sep Understanding Negative Gearing
Negative gearing is a prominent term that often arises in the realm of real estate and property investment. This article aims to shed light on what negative gearing is, how it works, its advantages and disadvantages, and its potential impact on investors....
Is my building eligible for Project Intervene?
02 Aug Is my building eligible for Project Intervene?
Are there conditions that need to be met to be eligible for Project Intervene? The following infographic explains these conditions....
Project Intervene-Resolving Serious Defects in Residential Apartment Buildings
31 Jul Project Intervene-Resolving Serious Defects in Residential Apartment Buildings
Project Intervene leverages the authority of the NSW Department of Fair Trading to compel developers/builders to undertake the rectification of significant defects. Through these powers, the regulatory body can issue work orders that mandate the correction of any non-compliant building work. ...