anthonykirby replied to the topic CGT on sold property – calculating the ‘loss’ in the forum Legal & Accounting 13 years, 10 months ago
Hi Dan42,So my cost base would be an adjusted cost base taking into account the conveyancing, comms etc which would give me the final capital loss amount?And then I would claim the exit fees as a borrowing cost?Cheers
anthonykirby replied to the topic Not sure what to do…. in the forum Help Needed! 16 years, 4 months ago
Just incase I did not clarify.My current PPOR will be rented out.I will move in to the new double storey home. The 'rental' is only built in May 07, so I will get good depreciation.
anthonykirby replied to the topic Not sure what to do…. in the forum Help Needed! 16 years, 4 months ago
Richard – see my responses below.Thanks for your advise so far.
Qlds007 wrote:
Hi AnthonyWith all of the figures it is difficult to make a structured answer however just a couple of quick points:1) You mention that you have taken out some money to fund the land purchase. I am unsure how this may have been done i.e redraw, remortgage or separate…[Read more]