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    Tax implications ? sale of overseas property

    Hi Terry Thank you for your reply. The monies involved are not huge (approx $200K). Agree with using borrowed money before using own cash. However, there might not be enough equity to pull from our existing IP. What sort of tax strategies and asset protection should I be thinking about?
  2. O

    Tax implications ? sale of overseas property

    Hi Terry What should I consider whether is a good idea or not? The cash gift being put aside offsetting our PPOR loan? We anticipate drawing down on that cash through debt recycling to buy more investment properties.
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    Tax implications ? sale of overseas property

    Hi everybody My parents are selling an investment property overseas and providing me with a cash gift. They will pay capital gains tax on the sale of the property overseas (approximately 20.6 %) and will send the cash to me in Australia via electronic transfer. I anticipate stashing the...
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