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We are not content creators 😛 Just here to share our knowledge so you are better informed. Not all 99-1 structures are the same! About 0.5% of private residential properties transacted in the period from 2018 to 2021 involved “99-to-1”, or similar, purchase arrangements, where the owners sold a partial interest in the home to another buyer within a short period. The loophole enables those who already own property to reduce or avoid paying ABSD while still becoming the additional property’s co-o
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