Terry Waugh · The Structuring Podcast · 188. Valuations for Tax Purposes
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
use different market values for the bank, stamp duty authority, and capital-gains-tax calculations
bank may value a property at a million dollars, but you might sell it for $900,000
“If you're doing something like a spousal transfer for stamp duty purposes, or even a related party transfers such as selling to a trust, you may want a low valuation to reduce the amount of stamp duty payable.”
“Donating appreciated stock… you avoid paying capital gains tax… still get to deduct the full fair market value”
“No stamp duty at the start and lower OCR mean significant savings and better returns for investors.”
“Most banks will allow you to borrow up to 80% of the entire value.”
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.