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  1. geoffw

    Seller beware! (of CGT and Depreciation)

    Wouldn’t it be worth while to claim the depreciation if you held the property for more than one year, to claim the 50% CGT exemption? Say a new property cost you $400,000. To simplify it, we’ll say that includes acquisition costs. You claimed $40,000 in depreciation over 3 years. So you get...
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