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CGT on ppor that's is also IP
You would have already claimed 2/3s of the costs? If so you cannot use these costs to reduce the cost base. For the other costs see s110-25(4) ITAA97- Terry_w
- Post #8
- Forum: Accounting and Tax
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CGT on ppor that's is also IP
Yes, and all the other costs.- Terry_w
- Post #6
- Forum: Accounting and Tax
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CGT on ppor that's is also IP
It is complex to work out but don't forget you will be able to use any expense you have incurred but not otherwise claimed to reduce the CGT. This includes interest while owner occupied.- Terry_w
- Post #4
- Forum: Accounting and Tax