Search results

What about if it's your PPOR? Since when does death automatically trigger a CGT event? Wouldn't/couldn't the liability be transferred to beneficiary/ies? It did state that only when the asset is sold will you be hit with a 40% CG thingy. What if it's never sold? I wonder what happens if you...

Handyandy, It says in the article 'when you sell'. Now, unless the human race is extinct in my lifetime (which is highly likely) or the sun engulfs the earth in that time (highly unlikely) and by then it wouldn't matter anyway, wouldn't you be able to hand the asset on to...

Here's a slightly different view. What do you all think about it if the buyer never sold? And to those who like to throw in a million what if's 'never sold' means 'never ever until the human race dies out or the sun engulfs the earth, whichever comes first'. Mark