Jane's sister is thinking of renting her house out while she goes camping over Christmas, but will she then have to pay capital gains tax when she sells?
capital gains tax
15 results tagged capital gains tax:
Nicole owns a rental property that she has also lived in at times. "How do I prove I lived in the property from 20 years ago to reduce my capital gains tax?"
If you invest in shares, it's important to include these returns at tax time. Here's what the ATO needs to know about your dividend income and capital gains.
Maryke's son bought a house in Australia and lived in it for 12 years before renting it out while he worked overseas as a missionary. Is he exempt from capital gains tax?
Maree and her partner own three investment properties to help fund their retirement. Are they better off selling and putting the money into super, or continuing to rent them out?
By leaving negative gearing and the capital gains tax deduction untouched, Budget 2019 represents undeniably good news for those hoping to generate wealth through property.
If an elderly relative lives with you under a formal arrangement, you may have to pay CGT under current tax law. But these rules could be about to change.
Matt co-owns property with his parents and wants to buy them out without forking out for capital gains tax and without paying stamp duty again.
Subdividing your property can mean big profits but first you need to be aware of the tax consequences.
So you've decided to upgrade to a new place but want to hang onto the existing one as an investment property. Time to learn about the six-year rule.