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Tax Questions Answered
Question Hello Julia Re: CGT – Allowable property expenses on family transfer I purchased a townhouse in Melbourne in 2014. A family member lives there ‘rent free’ The property has never been rented/leased. I live in a regional city in my own home. In June 2021 I transferred a half share of the Melb townhouse …
Question First of all, apology for my English. Hopefully you understand what my questions are. I will try my best to describe my current situation as much as I can. Also thank you for offering this questioning system! I have purchased an old house in April 2021 and since then I have been living in …
Question We are an Aussie expat family (Australian citizens) currently residing in Singapore. We are moving to Darwin at the end of this year as my wife is starting work at the local hospital in January 2022. We will be looking to purchase our PPR in Darwin when we move back. We have two investment …
Question Just seeking to clarify that I am calculating capital gains and income tax correctly for the property I sold this year. I bought a derelict home for $38K in 1991, renovated it and moved in 1994 with my partner. We moved out in 2010 and rented it out 2010-2018 for $800/month. 10K was spent …
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