Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
Key Points for Capital Gain in Long Term * Buy property in the middle suburbs close to public transport corridors, shops and schools. * Buy low-maintenance, compact dwellings because of the shrinking family unit. Most property investors see the residential property investment is a long-term proposition because the property price takes about 7 to 10 …
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Question: I would like to know how to reduce capital gains tax on investment properties by putting some of the proceeds into super. I sold an investment property in July 2010, which after the 50 percent discount has a CGT liability of $200,000. Can you explain the process of putting the money into super to …
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Question: My spouse and I owned an investment property in joint names until my partner’s death 10 years ago, when I became sole owner. The property was sold last year. The property was not our main home. Do I have to pay capital gains tax on the half I inherited? Answer: If the property was …
Well, this definitely sound good for any property investors or home owners – it definitely a bad news for those who are looking to buy a property. The Real Estate Institute of Victoria (REIV) says the cost of buying a home in Melbourne has shot up over $75,000 in three months to reach another record …
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