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    Sale of IP, CGT 6 year rule, Ownership... what Tax?

    Loans were restructured at the time we bought the new home. I borrowed more via a new single IP loan to buy out my wife's share of the IP at fair market value. The basis of this was to leave as much debt against the separate IP loan and in my name only. The property was independently valued at...
  2. S

    Sale of IP, CGT 6 year rule, Ownership... what Tax?

    Wife and I jointly purchased a property in Mar 2006, which we lived in until we moved out in Mar 2009 when we bought a new home to live in. The property purchased in Mar 2006 then became an IP in Mar 2009. We lived in the IP for three years before moving out and renting it. The original...
  3. S

    Sale of IP, CGT 6 year rule, Ownership... what Tax?

    Hi, Wife and I jointly purchased a property in Mar 2006, which we lived in until we moved out in Mar 2009 when we bought a new home to live in. The property purchased in Mar 2006 then became an IP in Mar 2009. At that time, I transferred the IP from joint ownership into my name only, using...
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