How to reduce CGT bill when selling a high equity IP

Discussion in 'Accounting & Tax' started by skyfall, 27th Sep, 2021.

Join Australia's most dynamic and respected property investment community
Tags:
Page 3 of 3
  1. Oats

    Oats Well-Known Member

    Joined:
    17th Feb, 2019
    Posts:
    111
    Location:
    Rockingham, WA
    would taking up an equal short and long position on a single stock work the same as that?
     
    Oats, 13th Oct, 2021
    #41
  2. marty998

    marty998 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    627
    Location:
    Sydney
    interestingly you may forfeit your right to franking credits on an arrangement like this if the stock pays a dividend (for example if you hold the stock long and hold a put option over it).
     
    marty998, 14th Oct, 2021
    #42
Page 3 of 3
Buy Property Interstate WITHOUT Buyers Agents!

Buy Property Interstate WITHOUT Dropping $15k On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia