Search results

Thanks! I will have to talk more about it with my accountant then.

Yes that is correct! Thanks for putting in terms that everyone understands :)

No, I was renting it to a friend for a 'mate's rate' :) But I did claim some tax back in the last financial year for the 6 months rental..

Hi, I purchased an apartment 1 year 9 months ago and rented one of the bedrooms out for 6 months while I lived in the other for the entire time. I am in the process of selling this - will I need to pay CGT? If so, how do i calculate how much? Thanks in advance, Chuan