Hi All
Was just reading the latests Robert Kiyosaki book "Rich Dad's Prophecy" and have a question for the Gurus.
In chapter 14 he describes how he moved from doing small deals to big deals by selling his small deals and deferring the CGT with a tax deferred 1031 exchange.
I know that this is an American thing but my question is.
Is it possible to achieve a similar outcome in Australia?
Kind regards
Simon
Was just reading the latests Robert Kiyosaki book "Rich Dad's Prophecy" and have a question for the Gurus.
In chapter 14 he describes how he moved from doing small deals to big deals by selling his small deals and deferring the CGT with a tax deferred 1031 exchange.
I know that this is an American thing but my question is.
Is it possible to achieve a similar outcome in Australia?
Kind regards
Simon