Hi All, I bought a land along with a friend in March. The land is due to settle in August. We had planned to sell it after settlement as soon as possible. It was a bad deal indeed but I was not much aware of the cons at that time. Could someone please suggest what would be the CGT if we sell it within 1 or 2 months of settlement. I tried online calculators but they dont show anything, get some message on cost base issue. Also, how does the CGT thing works if I reinvest the gain in property within 2 years. I have heard some changes around this rule. Thanks!!!