If yes, how?
My son, 35, owns two residential properties, in Ormond and Glenhuntly, Victoria which have been rented. He wants to sell his Glenhuntly property to his mom, as a gift, without taking any cent from her. Can he do that? If yes, how? We presume, he will have to pay capital gain tax on the market value of his Glenhuntly house, plus Stamp Duty. But can the transfer of house be cashless? Thanks