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Question Hi,If one has multiple investment properties and there is equity in one that needs to be sold, is it possible to transfer the equity out of it to another investment property or ones principle place of residence so that CGT can be avoided.I have read in a previous API magazine that someone did this …
Question I am a member of the real estate owners group and have a copy of your bulletin "how to sidestep CGT" in relation to using main residence excemption to keep an investment property free of capital gains tax.I am a little confused at the ruling that you have given. I have a rental property …
Question Hi,My wife and I are 63 and retired three years ago. In October 2007 we sold a rental property in Sydney. We were joint tenants. We put the proceeds into our own SMSF.Specifically the cost base of the property was $165,000 (purchase price at $160,000 plus $5000 for solicitor fees and stamp duties). The …
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