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  1. superAndrew

    CGT help, not good at interpreting rules

    Ok, so for year 0 - 4.5, no CGT since it was your PPOR. In year 4.5 it became an IP. You need to estimate the market value at that time. This will be the purchase price. The 50% discount will apply since you held it for more than 1 year. Have a look here for how to calculate CGT...
  2. superAndrew

    CGT help, not good at interpreting rules

    For how long was it your PPOR and for long was it a IP? You will get a partial exemption since it was your PPOR for some time. LMI is not included in the cost base. It should have been deducted over 5 years. Selling Price - Cost Base = Capital Gain/Loss Cost Base = Purchase Price + Capital...
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