Do i have to report property ownership change in my tax return I buy out my ex -to live in my(our old home-main residence) home-financial consent...
Since each owner of a property has a separate CGT interest in the property the main residence exemption will only apply to each individual owner...
When 2 or more people own a property together, they are considered to each hold separate interests in the property for tax law purposes. So, the...
Hi, We’re about to purchase a property to renovate. It will be counted as our main residence but as we may attempt to resell in a few months...
Hi All, First post - looking for some ideas on how you might proceed if you were in my situation. Stats: Age: Me 33, Wife 33. Salary: Me $130k +...
Hi Guys, Don't shoot me on this topic, I just did 1 hour + of reading on previous posts and only found contradictory information. This...
I have a very confusing property I sold September 2020. I inherited a friend's house who passed away in 2006. I was the executor for her estate...
The government really is a partner in this property game. Scenarios of selling anything - CGT higher than a few years ago. Lower value properties...
Hi all, I'm a newbie to investment properties (i've been renting out a property for years, but only heard about CGT for the first time after...
Hi all, So I'm just about to purchase my first property (an investment property) - note, I don't own my own home. I'm considering whether I place...
Hi Guys, I bought Bingo shares (BIN) on the 5th of August 2020 and the company is set to get bought out on the 5th of August 2021. Wondering if...
The main residence CGT exemption only applies to a taxpayer that lives in their property, or is absence after living there. Where there are joint...
What is the minimum number of months one should stay in a property to establish the PPOR before converting to investment property? Can I avail...
This is a very specific scenario which I think would be beneficial but would like some forum guru opinions. PPR 1 bought, lived in for several...
Hi everyone, Today I received some Vanguard exit statements showing my positions in those ETF’s going to zero, and I’m not 100% sure why. The...
Hi guys I have a property that I bought over 20 years (when I was in Australia) but left Australia before 8 May 2012 (so non-resident). I did...
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...
question around cgt and selling an ip. will get tax advice professionally. when you sell an ip, the agent takes a cut of their fees. immediately...
A married couple jointly own several investment properties. One spouse passes away. How will the surviving spouse be assessed in terms of CGT if...
I'm unsure how to accurately tile this. The facts are: Husband and wife (Me) married. The wife owned a property, husband (to be) owned a...
Separate names with a comma.
