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Hi Alex Your brother and you are deemed to have acquired one half each of the property at the date of your parent's death and at the market value at that date. As I mentioned earlier, when your brother sells you his half, you are deemed to acquire that half at the market value at the time...

HI Alex Yes, the interest on the borrowed money will be tax deductable to you. Now the CGT is the hard part and so your record keeping will be evry important here. Issue 1. When did your parents buy the house? Was it pre CGT or post CGT? Was it their PPOR? What was the mrket...