Hi all We purchased our PPOR which is an old 1970s home in NSW few years back. We have been living in this a few years and have encountered some...
Ok, I need help with calculating a CGT bill to transfer a property, but I need help with two scenarios. Just a general ball park ideally. Don’t...
Ok, so this is very long winded, my FIL is looking to transfer (gift) one of his investment properties to My Husband and myself. He will incur CGT...
Hey all! We purchased our PPOR in Mermaid Waters on the Gold Coast a few years ago. Recently, zoning plans have been released for our street due...
Hi all, I've done some research on my own regarding this topic and viewed some older threads as well which have brought me to the conclusion that...
Hi all I am aware when purchasing a property, for it to be considered a PPOR then should move into it ASAP after settlement without leasing it...
Hi all. Our current PPOR is an apartment we have lived in for quite a few years. Recently, we tried to complete an amalgamated sale comprising...
If I am selling a house(investment property from day 1) which was bought using a house land package, when does the capital gains tax reduce to 50%...
I have a client whose relative has asked her if she'd like to buy his property from him. She would only be purchasing it for the amount owing on...
CGT is generally calculated based on the date that the contract is entered into and not on the settlement date. Tax Tip 214: At what date is CGT...
A friend sold an IP and is paying rather a lot of CGT. The CGT calculations may have an error, nd advice is sought. These are the figures....
Hi all I wanted to get your thoughts on the following situation - relates to the foreign resident capital gains tax changes. Do you agree with...
I have owned an IP in Perth under my own name for several years which I'd now like to sell (Never lived in it, rented out from the start). It's...
Hi All, I am planning on selling down managed funds to fund a property purchase (owner occupied). My portfolio started at $100K in 2017 and is...
Hi all, Is it possible to restructure landholdings without triggering a CGT event? The context is a large block of land (over 3 titles). 2...
Hi all Can someone knowledgeable tell me how long I need to live in a PPOR before I can sell it without incurring cap gains tax? E.g. occupied a...
Hi, just an accounting/tax question. For example: If I earned a salary of $200k a year however before the end of the financial year I quit my...
Hey guys, I bought a home and land property in 2015(Property A). The property settled in 2017 and I lived in this property as my PPOR from 2017. I...
Hello Folks, I deposited on an unregistered land in Apr-2020 and exchanged contracts. It was a mortgagee sale. In early 2021, the vendor asked us...
Hey guys, Not sure if this is a weird question, but what will my CGT position be if I were to do the following? - Buy a property under an...
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