Hi, is it true that non resident is not entities to the 50% discount on capital gains any more, eg if I have 1m gains, 1m is taxable instead of 500k?
It is well known that if you hold a property for more than 12 months there is a 50% CGT discount that can apply and this has the effect of...
I hope this is the right section for such a post. Figured it could fall under estate planning. Thoughts on the most suitable vehicle for holding...
Hi all, In Australia, I understand that there is a 50% capital gains tax 'discount' applied to capital gains on an investment property owned in...
G’day, Im in my 50s have PPOR fully paid, minus 200,000 line of credit, which I used for growth shares a few years ago. Some of those shares...
Hi, Just have a quick question that I hope someone can enlighten me on My elderly parents own a house they live in and an investment unit...
Federal Government has announced under the measure, CGT will not apply to the creation, variation or termination of a formal written granny flat...
If I have a PPOR (principal place of residence). If I sell my house, not the land. Am I subject to land tax?
Hi All I am planning to sell one of my property and reinvest in other properties. I am getting around 300K Capital gain and would like to reduce...
Hi everyone Im just looking to get some information about paying capital gains tax on a investment property in my father in laws name They have...
Hi there Would love someone to look over the following scenario and tell me if I’ve got it right. I recently sold a property and called my...
Hi all! Quick question. We purchased a house in 2011 for $205k (in Victoria). There was a tenant in there for a few months before she got...
Hi all, Any insight into the following would be highly appreciated. My father passed away unexpectedly a couple of months ago. He sold x3 of his...
Hi Team I have an interesting situation that I hope someone else has come across to provide some insight. Problem I'm involved in a JV in which...
My parents have some land in QLD they purchased in 1990. They have never built on the property however they did intend on building their dream...
Market value or percentage of time. Which is it ? Many people get confused when this question is raised and they sell a property and have to pay...
Seems harsh if all the marketing fees, staging etc. can't be added to the cost base when I do eventually sell even if I take it off the market for...
My dad currently has a property where there was an offer of $450k a year ago. House was purchased in Dec 2007, he lived in it for a 1-2 years...
Hello everyone, I a purchased new house in 2006 under the first home owner grant. Lived in there for 6months to satisfy the FHG rules. I struggle...
Hi guys, We’ve had a Brisbane investment property for a few years. We’ve decided we want to move in and make it our permanent place of residence...
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