Buy a more expensive home? Stamp Duty on this "more expensive home"? So I sell my $1,000,000 and buy one for $1,380,000. In Victoria, that will cost me in Stamp Duty an extra $75,900. When home prices in Melbourne are cooling, what kind of idea is that in order to get refund of all imputed franking credits. lol.
How old would I be before my house to inflate sufficiently to both exceed the $75,900 (adjusted for the return this would be worth over the years) plus the capital growth in that house (doubtful at present) and how old would one need to be for this plan to work in order to receive an Old Age Part Pension, lol lol lol.
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