Search results

  1. Terry_w

    Capital gains tax period start date

    sounds like march 2009 is when you started to be absent from your residence - both halves.
  2. Terry_w

    Capital gains tax period start date

    that was an important bit to leave out! You have 2 separate interests in the property so just pretend you own 2 separate properties to make things easier. 1st half. You acquired in 2001 and lived in until Mar 2009. after this time did your daughter rent it from you? You could possibly...
  3. Terry_w

    Capital gains tax period start date

    Doesn't matter where you are or where the property is, income tax is commonweath law. CGT applies to a property unless an exemption applies. Sounds like you didn't live in it so no 6 year rule exemption. Where did you live during the initial 4 months? Answer is found at s118-145 ITAA97...
Back
Top