Property Investment Q&A

• Tax Q&A: Calculating a capital gain or a capital loss

  You must work out capital gain or loss using the market value of the dwelling at the time you first used it to produce income read more

• Tax Q&A: Can we use the six-year rule to reduce CGT for multiple properties?

  Is it possible to only claim four years instead of six so that when we sell our other house we would only pay two years of CGT? read more

• Tax Q&A: Does CGT exemption apply with foreign property?

  It is considered that I’m making no profit and hence pay no CGT read more

• Tax Q&A: How to avoid paying land tax?

  We don’t have regular large sums of money to pay land tax. I’ve spoken with the Office of State Revenue and they simply say we are a 'company' – so we must pay. read more

• Tax Q&A: Are non-tax residents’ entitled to CGT exemption?

  A foreign resident for tax purposes includes Australian citizens and permanent residents who are not tax residents of Australia read more

• Tax Q&A: What is the minimum period for a dwelling to become your main residence?

  "It would be devastating to find out when we want to sell that we didn't live in the property long enough and have missed out on the exemption" read more

• Tax Q&A: Am I eligible for the CGT exemption?

  Did I have to physically move back into the house in Melbourne at the time of sale? I have received conflicting views. read more

• Tax Q&A: Concessional treatment of the former PPOR

  Most pensioners keep their family home when becoming residents of an aged-care facility. read more

• Tax Q&A: Electing not to use the six-year exemption rule

  I moved into another property, for which I want to claim the main residence exemption, so I am not electing to use the six-year exemption rule. What are my capital gains tax obligations? read more