Property Investment Q&A

• Tax Q&A: How does equity affect an investment property?

  If you are using the equity on the rental property to buy a family home, make sure you structure the loans properly read more

• Tax Q&A: CGT exemption for non-residents

  As long as no other property that you own becomes your main residence during the six-year rental period, you will be entitled to the exemption, and the capital gain realised on the sale should be CGT-free read more

• Tax Q&A: How to calculate Capital Gains Tax?

  The cost base of a main residence must be reset to its market value when the property was first used to produce income read more

• Tax Q&A: Which property is more eligible for CGT?

  According to tax law, a property can be treated as your main residence for up to six years after you move out – this forms the basis of the six-year rule that exempts you from paying CGT read more

• Tax Q&A: If I move back, will I still be exempt from CGT?

  As a generalisation, a person’s main residence is exempt from capital gains tax on a pro rata basis having regard to the period of ownership when it was solely used as their main residence, relative to the period of ownership when it was rented out read more

• Tax Q&A: What do I need to know about CGT?

  The ATO allows you to move out of your main residence and rent your property out for up to six years without having to pay capital gains tax (CGT) read more

• Tax Q&A: Application of CGT on overseas assets

  Under the six-year rule, a property can qualify for main residence exemption for a period of up to six years if it is being rented out, assuming no other property has been nominated as a main residence read more

• Tax Q&A: Which property is most likely to have higher gain when sold?

  You can choose to continue treating a dwelling as your main residence for capital gains tax (CGT) purposes for up to six years after you move out – even if it is used to produce income read more

• Tax Q&A: When will CGT apply?

  The absence rule allows you to continue treating the property as your main residence while you are not occupying it, and provided you did not acquire another main residence, for a period of six years when the property is being used to generate assessable income read more