Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
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: We are moving interstate and own a property with a $300,000 mortgage that we would like to keep as an investment property. I would like to know: (1) Is it true that if we keep this as our primary residence we won’t pay capital gains tax if we sell within six years. (2) Can we claim tax deductions connected with …
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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 …