Hi, just looking for clarification regarding selling an investment property on option. If a non refundable option deposit is released to vendor,...
I purchased a vacant block of land in Riverstone in late 2015, and my friend purchased the two lots next to it (total 3 lots). We currently have...
Hi there, I'm from Sydney and recently just purchased an OTP apartment, it is my first home and I did not purchase it using a mortgage/loan. I...
Hi All, I am trying to work get my head around CGT.. Lets says an investment property is owned by a husband and wife, which they sell making a...
Tax Tip 165: Not all Main Residences are Exempt from CGT The main residence of a person is often fully exempt from Capital Gains Tax – but this...
Hi all, Our future PPOR is currently rented and we will need to pay some CGT if we ever sell. Is the time rented percentage simply calculated...
I currently have a property which falls into the 6 year CGT exemption as I lived in it for a period before renting it out I want to capitalise on...
I am executor for my father's estate. His house has been transferred into my name, but that is in my position as executor (a role which won't be...
I've had an investment property under a fixed unit trust for 13 years. If I renovate it, add 2 bedrooms and add a granny flat to it, would this...
My fiancé bought a block of land in Seven Hills, NSW which settled in December 2012. At the time she didn't have the funds to build on the block...
Hi I've tried without luck (admittedly not a comprehensive search, sorry) to find some advice from these pages on how much CGT my de facto will...
Hi, so I've sold a property a few months back and made a small profit. It had some tenant damage so it needed repairs through insurance. Whilst...
Draft laws have been issued for consulatation dealing with the announcement made during the budget that non-residents would lose access to CGT...
wondwring if anyone can answer this ? Iam going to do a JV deal with a family member we have secured a off market deal and are going to do a...
What constitutes moving back in for the purposes of resetting the 6 year clock for cgt exemption? Is this prescribed by legislation or have there...
Another Tax Reason not to Invest in your Own Name If there is a loss and the person dies the loss is basically lost. If the investment vehicle...
My wife has an IP that she is considering selling. It was purchased in 2010, back then we weren't married, it's 100% in her name, she moved in...
Long time reader, first time poster. I've searched and found useful information, but not quite specific enough to my situation. I bought my...
The new foreign resident withholding rules for sale of property with a value of $750K or more and a rate of 12.5% was passed and was made law...
If I sold a property and it exchanged in mid June, am I right that CGT is calculated at this date, however I will still have income and expenses...
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