Sorry if this has been done to death before but I'm still struggling with the basics of taxes when it comes to purchasing a property.
I have been told by a source that I normally consider reliable that if I buy a property straight, I am taxed for a failrly hefty amount , however if I purchase it in two parts, say I buy first 5% and some months later the remaining 95%, I will have to pay the notary costs etc twice but can save this back on taxes.
As they say, if it sounds too good to be true it mostly likely isn't.
But what is the truth in this?