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How can I reduce the amount of stamp duty I need to pay in QLD?

You can reduce the amount of stamp duty payable in Queensland through various concessions and exemptions provided by the Queensland Government. Some strategies include:

  1. First Home Concession: Stamp duty may be reduced or waived for eligible first home owners in QLD.
  2. First Home Buyer Grant: This grant provides financial assistance to first-time buyers purchasing or building a new home.
  3. Home Concession: Applies to buyers who intend to live in the property as their principal place of residence.
  4. Regional Concessions: Certain regional areas may offer additional concessions to promote property ownership and development.

Consulting with a professional can help you navigate these options based on your specific circumstances.

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