Property Investment Q&A

• Tax Q&A: Depreciation Tax Deductions

  Firstly, depreciation is a tax deduction available to property investors. It allows you to claim a tax deduction for the wear and tear over time of any eligible old or new investment property. read more

• Tax Q&A: Capital Gains Tax

  As per the Australian Taxation Office, you are typically exempted from paying capital gains tax for a main residence. Specifically, the property must contain a dwelling, and you must have resided in that dwelling read more

• Tax Q&A: Will my home remain my PPOR despite temporary absences?

  Temporary absences from your home during the year do not constitute the property ceasing to be your main residence read more

• Tax Q&A: Changing from 50% to 100% ownership

  Income Tax Assessment Act 1997 allows you to treat the property in the same way as your former partner. This allows you to treat 100% of the home as your PPOR where applicable. read more

• Tax Q&A: Buy now with cash or wait for mortgage

  I will always advise that you borrow the maximum that you can and save your cash for nondeductible assets, such as a principal place of residence. read more

• Tax Q&A: What do I have to do before renting my home?

  Establishing a property as a main residence (MR) by occupying it immediately after purchase will make it exempt from capital gains tax (CGT) when later sold. read more

• Tax Q&A: Dissolving trusts and transfering property

  Being a beneficiary and controller of a trust, am I able to dissolve the trust and transfer the property into my name without paying stamp duty? read more

• Tax Q&A: Does 6-yr rule apply for a transfer (not sale)

  I would still be exempt from capital gains tax if I transferred my primary residence to a family member? read more

• Tax Q&A: Builder went bust

  I paid a builder a deposit of $20,000 to build my house but he went bankrupt without doing any work. What are my CGT and stamp duty obligations in this scenario? read more