[Video] Calls for Stamp Duty to be stamped out

When it comes to Queensland property investment, it’s important to be aware of all the taxes you might have to pay when you buy a house.

Conveyancing fees, land tax and more can all add up, so it’s best to make sure your costs are covered.

There are plenty of bodies trying to cut down on this red tape, and one of them is the Real Estate Institute of Queensland. The institute’s CEO Antonia Mercorella said that real estate law reform needs to be on the agenda in 2015.

At the top of her wish list was a call for stamp duty to be abolished for home buyers. This would make property investment in Queensland even more straightforward for anyone who is interested.

She thinks that moves like this will make real estate grow even more over the coming year, which gives people plenty of opportunity to make a great investment.

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