While recently applying for a home loan the broker advised me that with a good lawyer and three weeks stay in my investment home i can get the first home buyers grant in victoria. Is this breaking the law or is there a loop hole in the law???
And welcome to the forum!
As for your question, it depends on where Victoria is.
You may want to go to your profile and fill in the part
about location so that it will show up when you post.
If you're talking about Victoria BC, I don't know what
the Canadian law is.
But in general...to really generalize...making a broad
statement...if you have to do any "funny stuff" when
you're doing Real Estate, you're in trouble.
Aren't there enough real deals out there that don't
require a "good lawyer"? I mean really!
The house is in Victoria, Australia.
I understand what you are saying but its could be upto $20,000 savings, paid by the government.
Yeah, but it's Australian money, so that doesn't really count. :wink:
In my experience your best to do the right thing. Are you an expat or living in Australia as considerably tax advantages as an expat