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Thanks Paul! I did say to my friend that I would definitely be concerned about the PPOR exemption if you sold immediately.

Terry by consolidate I did mean put under the same title. The scenario is he has his Current PPOR (CGT exempt if he were to sell). He is considering buying his neigbors property which has an existing residency. If he was to purchase that and then sell them together would I be correct in...

Hi All, I am looking at another scenario with my friend and I just had a couple of questions regarding consolidating land. Scenario - Friend owns property with his name on title and is looking to purchase neighbors property. Once acquired is keen to sell the land to a developer for a...