Recent content by Enrike

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    ATO & non-rental/non-investment overseas property

    Thanks. If I understood information from provided link and your post correctly, we can deduct from capital gain all costs related to acquiring the asset and all maintenance and tax related cost during possession of asset. We thought the same. Regards,
  2. E

    ATO & non-rental/non-investment overseas property

    Hi to All, I am Australia resident for tax purpose and have overseas citizenship. In 2012-2013 year my wife and I bought overseas property as a holiday home. We are not having intent to rent that property. On the tax return for 2012-2013 we answered that we have property which have...
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