Craig

What is involved in transferring a property to a related party?

And some people also, just with relation to stamp duty, some people might ask this question and that is, stamp duty, is it worth the stamp duty and other costs to actually go down that road for a restructure?

Yeah, it's so important what you're saying because I guess you've seen this where people have come to see you.

It's too late.

The business has fallen.

The bank wants the money and the house is going out the door.

Oh, yeah.

It's going to save your pain.

It's going to save your money.

All those key things that make your life just a little bit better every day.

Sam, great to chat this morning.

I'll let you get on with it.

And thanks for coming on to The Real Estate Breakfast.

it's the real estate podcast brought to you by anz home loans for financial well-beings and welcome to another episode of the real estate breakfast available on iheart radio every morning and also on spotify and apple and wherever you get your podcast from the weekend it is back again saturday morning is with us the 15th day for october for 2022

And coming up very shortly, we're going to be talking to Andrew Wheatley about your mortgage with a new podcast series called Let's Talk Mortgages and some very useful, helpful hints coming your way this morning on how you can save money.

And we are all down for that.

And talking of money and saving money, Alec Baldwin, the actor, is listing his longtime Hamptons estate for $29 million US.

He's already sold off his upstate Cleveland, New York lake house back in July, but he's still holding on to his penthouse in Manhattan's Greenwich Village, which is valued at around $16 million.

And it seems Baldwin's selling of properties comes less than a year following the shooting incident on the movie Rust.

And recently, Alec Baldwin and the producers of the Western reached a settlement with the family of the movie's cinematographer, Helena Hutchins, who of course Baldwin shot dead during the filming last year.