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  1. DaleGG

    capital gain tax

    Reply: 1.1.1.1.1.1.1.1.1 From: Dale Gatherum-Goss Hi Francis! The decision is one that only you can answer. Yes, by holding for another 6 months you will reduce your tax even further by the discount, but, you might miss out on the opportunities along the way. As for duplexes, there are...
  2. DaleGG

    capital gain tax

    Reply: 1.1.1.1.1.1 From: Dale Gatherum-Goss Hi Duncan I hate to look like I'm correcting you, but, the 50% discount is actually available to family trusts as well. Dale
  3. DaleGG

    capital gain tax

    Reply: 1.1.1 From: Dale Gatherum-Goss Hi Duncan! You are absolutely right. Thank you Dale
  4. DaleGG

    capital gain tax

    Reply: 1 From: Dale Gatherum-Goss Hi Francis! The capital gains tax is hard to calculate with so little information but, I'll give it a go. We take the purchase price of $240,000 and add to that the stamp duty of say $6,900 and the legal fees involved in buying the property of say another...
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