Hi scenario. purchased IP 4 yrs ago plan to demolish existing house and build townhouses nxt year If 1 of the townhouses is sold off the...
I have looked at ATO and seeking others interpretation of the 12 month rule re: CGT discount scenario: Owned IP block for many years with...
Found this nugget: House rules - CHOICE 60% CGT discount if: - you rent to tenants on low/minimum incomes - held your IP for 3 years plus - prop...
A good friend of mine is divorcing and wants to turn his PPOR into an IP. I want to buy his partner out so we will own the property together, but...
Hi, When selling a property in relation to CGT. I understand (as indicated by the ATO CGT calculator spreedsheet) that costs involved in...
Hi folks, Hoping some of the accountancy and tax experts can weigh in on this one (perhaps @Terry_w you might have insight?). Please excuse my...
If I carried a capital loss of say $50,000 from previous years, and in the current financial year sold a parcel of shares held for 18 months and...
If one buys vacant land and construction takes say 10 months and then I sell the whole thing after 3 months. Is the 50% CGT discount still...
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