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  1. Terry_w

    Sell vs 'never' selling

    Yes there are many benefits. Butsale would trigger CGT< stamp duty, discharge of mortgage, new loan and conveyancing costs.
  2. Terry_w

    Sell vs 'never' selling

    Yes. Just think if the 50% discount applies then the max CGT would be half the top tax rate. About 22.5% max.
  3. Terry_w

    Sell vs 'never' selling

    Income from capital gains is generally not counted as income for serviceability purposes as it is considered a one off transaction. However if you are doing it multiple times in a business like manner it could be = but then it would be taxed as income and not capital gains/
  4. Terry_w

    Sell vs 'never' selling

    I advocate selling to clients where appropriate. e.g. 1. to restructure for asset purposes 2. to pay down non deductible debt and regear 3. before death where will likely to be challenged 4. where loans have been set up incorrectly with severe results 5. retirement strategy 6. spousal...
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