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Agree with this too. We would plan similarly

Agree this is important. We would have sale proceeds to pay cgt with but would need to find the balance of leaving enough to reduce the loan to allow for the fact that rent would stop from the sold property ..... Hence the "what if" scenarios running through my head.

Thanks Marg. He is sacrificing $1K per week right now, but we need to ensure that his sacrifice amount plus his "regular" employer super don't go higher than $50K or he will be taxed at something like 48 cents in the dollar on anything over $50K. Boy...... you have to watch every angle.

Thanks Pushka. We don't need to part with this IP this year, and I am tempted to just hold it until hubby retires. I was just sure I heard differently about the superannuation idea. If we sell it to my parents' family trust, we don't lose the future capital gains but it would free up some...

My hubby has just turned 50. If he sold an IP could he place some of the sale proceeds into his super to lessen the capital gains tax due on the profit? There used to be something about being able to put $150K into super per year, or $450K one year and then nothing for the next two years. I am...