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Hi Paul, I also found this link which appears to be more of the opinion pre-1985 purchase (col 2)and sale and within 2 years (col3) is a valid usage combination of that table. http://www.omegapartners.com.au/2011/07/property-inheritance-and-taxes/

Hi Rob, If I read s.118-195 correctly, then I have a case of exemption? It was a PPOR of the deceased and was purchased pre 1985. It was not my PPOR but it has been sitting idle until it was sold within the two year period. The accountant had this information but wasn't sure. He said he...

I was wondering if anyone has any experience with a selling a deceased estate property and Capital gains tax implications. The situation is: * I inherited a pre-1985 purchased PPOR property. * I am the executor and beneficiary * The property was transferred into my name by the solicitor and...