thanks Terry, plan would be to hold indefinitely so that wouldn’t be an issue
yes, buying shares of a private company. Private company has large franking credit balance.
sorry I don’t follow - doesn’t that relate to buying and holding shares for at least 45 days to be eligible to receive franking credit? Not sure...
Hi Been trying to find guidance on ATO site but couldn’t see anything. Are there any rules around utilising franking credits from a company where...
ok thanks, I think I was getting confused by the timing, ie selling and buying back straight away
sorry, just saw your question - to lock in the capital gain and to also pay down the home loan
Maybe slightly better than google at least there are some experts on propertychat
Reading there examples, there's always a capital gain that a person has and then a mechanism to fabricate a loss to offset the gain. In the...
But if you did it the next day at pretty much the same price it could be captured as a wash sale? If so, if you doing this as part of debt...
Does a wash sale only refer to when you're selling a parcel of shares at a loss to offset a capital gain? What about when you're locking in a...
Could I please get details as well? Putting new kitchen in an investment, seeing cheap options (that's still look good)
Thank you everyone for your detailed responses, appreciate it!
Hi I'm looking at investing my daughter's earnings into a managed fund. Looking at the ATOs website, the income would be excepted as they are...
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