PropertyInvesting.com | becandluke | Activity https://www.propertyinvesting.com/members/becandluke/activity/ Activity feed for becandluke. Wed, 15 Apr 2026 05:18:37 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fc1b85bb30336841f68c0d51e241f003 becandluke replied to the topic capital gains tax in the forum General Property https://www.propertyinvesting.com/topic/4369361-capital-gains-tax-8/#post-4439239 Wed, 12 Nov 2003 10:08:53 +0000 Wannabe,
I was recently asking similar questions about CGT and this is my understanding:
Your profit of $20000 would be reduced by your buying and selling costs firstly. This may be about 5% in and 3% out (just guessing). This will leave about $6500 ($13500 in costs). This would then be added to your regualr income. If this is done within 12…[Read more]

]]> bf3846ff86178e102ce0ca222920bf0b becandluke replied to the topic Sunshine,sweetie,redwing,westan, fudgell 111 in the forum No Subject https://www.propertyinvesting.com/topic/4369302-sunshinesweetieredwingwestan-fudgell-111/#post-4438647 Mon, 10 Nov 2003 03:56:57 +0000 Hi Bill,
Could you include our email address also. Perfect timing on your part as I was talking to agents today about selling. Better in our pocket than theres.

Thanks heaps
Luke

]]> 05d95ca82ccf0575a85350cbd3f7ee99 becandluke replied to the topic Capital Gains Tax? in the forum General Property https://www.propertyinvesting.com/topic/4369288-capital-gains-tax-7/#post-4438500 Sat, 08 Nov 2003 23:30:52 +0000 Hi Luckyphil and sunshine,
Thanks for the quick replies. I guessed that that the gains would be taxed at whichever rate you ended up in after adding income plus gains. Like I said wishful thinking otherwise.

At least I can say that the more tax I’m paying, the more profit I have made, unless I’m missing something.

Thanks again.
Luke

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