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Selliy an overseas property

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Boris | 21 Aug 2019, 07:41 PM Agree 0
My wife and I moved to Australia from Europe in 2017 and bought a home here. We still have our property in Europe but we are not receiving any rent from it. If we sell it must we pay CGT in Australia?
  • BorisB | 18 Dec 2019, 03:40 PM Agree 0
    I have a similar situation and according to my Australian accountant, yes, you are liable to Australian CGT from when you bought the property. Crazy! Can anyone confirm that?
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