cgt

I got a draft contract of sale from our solicitor for the purchase of our development property by our trust, as detailed in my other post. As brief background here, we are relocating the current house on the property. The property with be subdivided, and then one block sold back to mum with the...

hi, I have lived in my home for 3 years now and previously had it rented to tenants for 10 years. Can anyone tell me what my CGT liability would be if I was to sell? Is it calculated on 10/13ths of the capital gain (taking the 50% reduction into account) or is there any exemption as I have...

Need some advice (i am a bit confused) Property 1 (bought 2.5 years ago) My first Property is a 2 bedroom flat which i rented out in the first year and moved in before 12 months. I have been living in the property for over 1.5 years. I have claimed FHOG on this one. Property 2 I have...

HI All I'm new to the game and rented out our PPOR as an IP to move interstate. As tax time is looming I am a little confused on 3 things. 1. Would i pay CGT on this house if selling to by another PPOR? 2. Is a depreciation review good to do? House is 3.5 years old. Rented since March...

Hi Guys. I am about to start my second renovation... i have all intention of selling this project on completion. (8 weeks) I was going to start a company and buy the property though that.. My impression was that instead of paying CGT on the Profit, i would just pay the 30% company tax...

Hello, I understand that you can live away from your PPoR for up to 6yrs and avoid paying CGT if you sold the property. Example: I believe it's possible to avoid paying CGT if I live in my PPoR for 2 years, move out to rented accomodation, live in the rented accom for 5.5 years and then...