Hi All
can anyone help with this.
I sold a couple of properties last year and my accountant advised that if I continue to trade properties the ATO will flag this and it will be seen as business and ATO will not allow 50% discount.
Am sure this has been discussed somewhere on SS but can someone clarify how this works and my options.
Cheers, MTR
can anyone help with this.
I sold a couple of properties last year and my accountant advised that if I continue to trade properties the ATO will flag this and it will be seen as business and ATO will not allow 50% discount.
Am sure this has been discussed somewhere on SS but can someone clarify how this works and my options.
Cheers, MTR