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No, no renovation costs at all, My concerns are evidence, costs with invoices and receipts etc, a lot of the renovations were done ourselves, :confused:

Sorry if this sounds silly but.... Let's say I purchased for 500k and I sold for 700k Does that mean 200k divide by 36 x 9 = 50k less 50% meaning I would have to pay 25k straight out or is it a % of the 25k depending on what tax bracket we fall under? It seems I would have been better...

Ok, I've read about CGT numerous times but I was hoping someone could explain our situation clearly 1. Property A ( I'm not sure if this is needed to be noted but more info the better) Have had this investment property for the last 8 years which Is currently positive geared 2. Property B 3...