How would a cashback deal effect CGT?
I would presume the ATO would take a very dim view of the following.
Buy property valued at $300k for $400k
Get $100K cash back.
In a few years sell for $400K zero capital gains.
I also wonder how the seller would treat it on their books. I assume that they would record the sales at say $400k. If they then deposit $25k into the buyers mortgage account then I wonder how they treat this?