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Thanks for clearing that up AAron. I was confused by the discount in"CGT discount". Got a lot to learn about accounting for property investment. I like how if you are an Aussie resident at the time of sale, get the full discount. So you arrange the sale, get the contract signed, rush back...

I'm not sure I understand this properly. Basically after the cut off date, you loss 50% of your capital gains discounts. Say for example this is my situation. I bought an IP at the date of cut off on the 8th May 2012 for 100k. I sell it for 150k 5 years later and my total discounts during...