100% CGT!! Most interesting excuse

Discussion in 'Accounting & Tax' started by Property Twins, 9th Nov, 2015.

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  1. Rixter

    Rixter Well-Known Member

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    18th Jun, 2015
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    Portfolio Perth Brisbane Sydney Melbourne
    Yes simply dont sell but you cant completely avoid it altogether...You are just deferring it to be paid at a later date (if you dont sell) by your estate/beneficiaries.
     
    Rixter, 10th Nov, 2015
    #41
  2. Azazel

    Azazel Well-Known Member

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    18th Jun, 2015
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    8,091
    Location:
    Brisbane
    I think they're looking at it wrong.
    I look at it like the 12+ months is the full amount - but people have to pay double that if they sell within 12 months.
     
    Azazel, 10th Nov, 2015
    #42
  3. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    31st May, 2016
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    Australia
    Don't think they care. They only care their $3m dream home is currently unaffordable because of investors.
     
    Property Twins, 10th Nov, 2015
    #43
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