capital gains tax

My sister is thinking of renting her whole house out over the Christmas break for about three weeks when she goes camping. I am concerned about the tax implications. I have heard that people who rent out on Airbnb have to pay capital gains tax when ... More

I have owned a rental property since 1998. I bought land and built on it straight away. It has been rented mostly since, but I have lived in it at different times for short periods. I have lived in the property for the past 12 months and now thinking ... More

If you're a sharemarket investor it's important to include returns from shares in your annual tax return. Shares can deliver two types of returns - ongoing dividends, plus capital gains when you sell shares for a profit. These are each recorded ... More

Paul, our son is a missionary in Kenya. He and the bank have had an Australian home together for about 17 years - he lived in the home for 11 to 12 years. He is now back in Australia and has complied with tax rules while in Kenya. However, if he ever ... More

Q. We plan to retire at age 60 using rental income and super-allocated pensions. We own three investment property rentals in joint names that were purchased in the 1990s - so their capital gains are four times the original purchase price. Is it better ... More

The 2019 Federal Budget offers few new measures to directly benefit property investors. But by leaving negative gearing and the capital gains tax deduction untouched, it represents undeniably good news for those hoping to generate wealth through property. ... More

Does your elderly parent live with you? Around 8.2% of people aged over 65 years live with their family or other relatives. If your elderly relatives live either in your home or in a granny flat, do you have a formal agreement or a word of mouth arrangement? ... More

Q. I am 25 years old. A few years ago my parents went in with me to buy an investment property/potential place for me to live in one day. Being a full-time musician with a great interest in finance (I got better grades in accounting than music but chose ... More

With high property prices in many capital cities, it's becoming increasingly popular for people who are lucky enough to own a large block to subdivide it and either sell off the surplus land or even build another house on it and then sell. Big profits ... More

There are tax issues to consider if you want to turn your home into an investment property So you're thinking about turning your home into an investment property because you've decided to upgrade to a new place but want to hang onto the existing one ... More