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  1. B

    G'day and what would you do in this situation?

    This is not an issue, they just need to get a valuation done before they start renting it out. The valuation will be proof of the property value so and capital gains tax will only be applicable to future growth.
  2. B

    G'day and what would you do in this situation?

    Rob Its hard to know what to do at your age. I don't like the idea of selling and buying again because of the costs involved so if it was me I wouldn't sell. IMO in most case its best to leverage against existing assets and expand your property portfolio that way. However, at your age...
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