Tax QnA - Property Investment Q&A

• Tax Q&A: Will we have to pay capital gains tax

  In 2005, I purchased my own home to live in then 10 years later I purchased a new family home and rented out the original home, If we sell it, will we have to pay capital gains tax and, if so, how much? read more

• Tax Q&A: Tax implications if we develop our property

  What would be the implications if we developed the property and placed two townhouses side by side? How can we minimise capital gains tax? read more

• Tax Q&A: Subdivision and CGT

  I purchased a property, lived in it for 12 months and then rented it out for six years. I have not claimed any main residence tax breaks for any other properties in the meantime... read more

• Tax Q&A: Partial exemption from capital gains tax

  We bought another property, which we moved into as our PPOR. Does this mean that we will have to pay CGT on our second home as well? read more

• Tax Q&A: Main residence CGT exemptions

  My mother is hesitant to sell her NSW house as she thinks there will be CGT payable. Can you shed some light on this? read more

• Tax Q&A: Being a foreign resident for tax purposes

  Now we are in Sweden, where we have found jobs and are working. So we are considering selling the unit in Sydney. As this is our primary home, what would we pay in CGT? read more

• Tax Q&A: Splitting CGT exemption between two residences

  Can we relocate between two homes every three years and rent the other home out to produce income effectively maintaining both homes as principal places of residence? read more

• Tax Q&A: CGT taxing point for the sale of a property

  I sold an investment property with a contract date of 5 June 2018. It didn’t settle until 5 November 2018, meaning the sale crossed over two financial years. read more

• Tax Q&A: Can foreign residents claim CGT exemption

  We would like to know the taxation scenario so we can decide whether we need to sell. We obviously don’t want to lose the CGT exemption, but I am unsure whether we still qualify after 30 June 2019. read more