So how is that different if I want to upgrade my farm or business?
Hey, I'm just jealous I don't live in and own a ten million dollar pad in Sydney that I've owned for ages. In other words, I'm not in on it, and am not able to.
See ya's.
Absolutely.
And on a similar note, why the hell are PPOR exempt from capital gains tax? It's a massive rort. I'd be in on it too I suppose if I lived in Sydney or Melbourne and was well off. Won't change though.
Can someone give a logical reason why a PPOR would be capital gains tax...