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    Do you pay GST on the sale of a IP?

    Hey there! Im selling an IP for the first time and just wanted to know what you have to pay in regards to GST and capital gains tax. Say i sold the property for 260k. Is it: 260k - 10%Gst (26k) = 234k 234k - 6.5k (2.5% agents fees on total sell price) = 227.5k 227.5k - 190k (loan) =...