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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: I am thinking of selling some land. I will pay out the mortgage on it and have $80,000 profit. Is there any way I could minimize the capital gains tax on sale of land? What sort of capital gains tax would I pay on land sale? Answer: If you have the property for more …
Continue reading “What capital gains tax (CGT) on land sale will I pay on a sale of land?”