There are several things which we must mention in Related Party Transfer Valuation and they are the face value is not taken in face value. Brisbane Property Valuers is always connected with the marketing activities and we know each and every details about it.
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Brisbane Property Valuers
These basic tenets have taken us quite far and today we are reputed for our quality of services that do not dilute the fundamentals on which our company has been built. Now coming to the various services provided by us, the list is quite huge. We are basically into the following categories as far as client servicing is concerned:
Valuation services pertaining to properties (commercial, residential and government).
Industrial property valuations.
Assessment of buildings for insurance purposes.
Helping clients in calculating their unit entitlements.
Rent determination and rent reviews tasks.
We being a reputed and highly respected valuation company based out of Brisbane can play a useful and proactive role for all those who are in need of retrospective or back dated valuations for various purposes.
Understanding a bit about Capital Gains Tax is important to have a better idea about these retrospective and backdated valuations.
Calculating value of properties with retrospective is not easy. It calls for digging into old information and data. For many valuation companies this could be a problem because they will not have the necessary historical data.
Before we talk more about the importance of valuation certificates and reports for deceased estate probates, we would like start with a short introduction of ourselves.
We offer solution to almost any valuation related requirement and hence we are referred to as a one-stop solution shop. Now coming to valuation of deceased estate probates, the level of knowledge and information amongst customers is not very high.
We have little doubt that unless you have the right valuation report for such deceased properties, selling it off and doing something profitable with it would be impossible.
The value that is mentioned in the sale deed or agreement in such related party transfers is not taken on face value by the authorities.
The stamp duty payable would be calculated only on these valuation certificates provided by these professionals rather than being based on the valuation mentioned in the sale document.
The reason for such a requirement is quite simple. There is a big possibility of the property being undervalued in such related party transfer valuations.
Related Party Transfer Valuations
Email: [email protected]
Address: Unit 31, 239 George Street Brisbane,
Phone: (07) 3077 9695
Brisbane Property Valuers