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hmmmm, puzzling, then why they need to move house every 2-3 years.......hmmmm,

but i want to know how to earn $$$

was readint this: Bill purchased his house in Brisbane in January 2000. He moved in immediately and after six months went on a working holiday around Australia for one year. While he was in Tasmania he met his future partner Maria and lived with her in her rented flat for five years. During...

They are property developers!! Buys land ages ago, build now, and live in it, and then sell.

I suspect he is using the 6 year CGT exemption + husband + wife method? http://www.ato.gov.au/corporate/content.asp?doc=/content/86191.htm 1) husband buys house A 2) wife buys house B 3) both stays in house A, then move to house B 4) rent out house A for 4 years, come back and do reno...

My friend boasted that he never paid CGT, is that possible? But he moves houses every 1-2 years. What I like to know is that did he buy all the houses in one shot, or have to sell the house before buying the next one to avoid paying CGT? I know the former needs to pay CGT.