Hi, my father wants me to buy his property off him. He bought it in 1986 (so CGT applies for him). The property would be roughly worth $450,000. Is it possible for him to sell it to me for less then market value, say $300k? Does this have any effect on the CGT he has to pay? If i use it as an IP, can i claim interest deductions if i am able to buy for $300k? Thanks Jason.