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Got a quick tax deduction question: If I own (in my name) the investment property but purchase the insurance policy under joint names (ie mine and my wife's), am I eligible to deduct the 100% of the policy premiums as a tax deduction? Or am I only eligible for 50% as the policy is under both...

Typically, if we want to buy a property, we would sign the contract first, pass it to the vendor (via the agent) and then if our offer is accepted by the vendor, they'll sign it and then give us back a copy. Now, what happens if the vendor decides to, without telling you nor the agent: 1)...

I'm trying to work out the CGT payable on my old house which used to be a PPOR. Say, - House was bought Oct 2000 for $200k, - Ceased to be a PPOR on Oct 2001 (when the market value was $275k) - Sold in Oct 2002 for $300k. Typically, the assessable value would be $50k (representing the...

Hi all, I've been a lurker for awhile and have found this forum to be really useful... I've got a few queries that I hope someone can answer. If a property was sold from one spouse to another, can the recipient spouse then refinance the house to the full current market value and then...