Search results

  1. mixedup

    defining your PPOR main residence for CGT

    thanks Paul. Just checking though. You spoke of CGT & land tax choices (or lack of choice) re the PPOR to be used for the period, however is it allowed to nominate a separate PPOR for CGT as for Land Tax? i.e. in the scenario above Property B has to be the PPOR for wife from the Land Tax...
  2. mixedup

    defining your PPOR main residence for CGT

    thanks - can I put forward a scenario to try to confirm in my own mind - so say... * Timeline 2000 - Property A purchased - in Wife's name - both living 2005 - Property B purchased - in joint names - both living here 2010 - Sell Property A * Assume Property A has...
  3. mixedup

    defining your PPOR main residence for CGT

    thanks for this pointer. My reading of this (if I understand) is that if you're moving from a period of (a) wife owning PPOR1, then moving into (b) joint owned PPOR2, then you probably need to acknowledge PPOR2 property as both of your PPOR from the day you move in. That is if the option where...
  4. mixedup

    defining your PPOR main residence for CGT

    isn't that for when you've rented?
  5. mixedup

    defining your PPOR main residence for CGT

    I have a question re this: https://www.ato.gov.au/General/Capital-gains-tax/In-detail/Real-estate/Treating-a-dwelling-as-your-main-residence-after-you-move-out/ So in the case you have had two properties of overlapping periods, for which you haven't rented either, and you have lived in both...
Back
Top