Ok sorry.Hope this helps-When lodging this years tax return , approx how much could i intend to claim back on my IP,It is negative geared, has body corps, rates, legal fees ,mortage insurance etc… Eg would i expect to get 50 percent of my expenses back….Just curious, as i went into the tax accountants the other day, the young tax a…[Read more]
gocoastal replied to the topic Tax on selling PPOR? -(have lived there for about 9 months) .HELP? in the forum Help Needed! 14 years, 10 months ago
Thanks very much.Yes it has never been an IP , therefore there should be no CGT ?I guess..