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Thankyou all for the responses. How would one go about nominating the main residence exemption from one property to another. In that I want to sell property one in the next couple of months but then want to also sell property 2 the following year. Given that with property one I...

Hi Terry To be completely honest I am not entirely sure as it was quite some time ago. However from memory the accountant recommended that we do it that way. I would ask the accountant however he is no longer practising

Hi No my wife has always been on the title of property 2. However she never had a property before.

Hi everyone I was wondering if anyone maybe able to provide me with some guidance in terms of the options we have available to us. Here is a brief description of our situation: Property 1: a. Purchased my first home in Melbourne in January 1993 (ie. in my own name) for a $93,000. I...