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) =...
