[jcar114578Member@jcar114578Join Date: 2010Post Count: 13]

March 31, 2011 - 11:53 pm

Thanks for the reply,

they not worrying about relationship part, they just want to know for tax claim purpose which way is better

Cheers

[jcar114578Member@jcar114578Join Date: 2010Post Count: 13]

March 29, 2011 - 11:42 pm

Thanks, Marty
I will make sure they know about this, as long as they don't over do it…
Cheers

[jcar114578Member@jcar114578Join Date: 2010Post Count: 13]

March 10, 2011 - 2:58 am

great
thanks a lot!

[jcar114578Member@jcar114578Join Date: 2010Post Count: 13]

March 10, 2011 - 12:01 am

any opinions?

[jcar114578Member@jcar114578Join Date: 2010Post Count: 13]

March 9, 2011 - 8:59 pm

I am in ACT btw

[jcar114578Member@jcar114578Join Date: 2010Post Count: 13]

December 15, 2010 - 8:54 pm

Thanks, all
Heaps of great information i can get in here!

If I treat my old house as investment property which is CGT free for 6 years, and the new one as main dwelling.

Say then sell the old house within 6 years, will there be any CGT?

Or any CGT if I sell the new one (which has been my main dwelling) and moved into the old house?

Thanks all

[jcar114578Member@jcar114578Join Date: 2010Post Count: 13]

December 15, 2010 - 6:12 am

Thanks Again. One more question, if I do lease the old house it will be CGT free for 6 years as it has been my main res for past years? also if I decide to keep selling it till sold, it is again CGT free as it has been my main res? Thanks all, I will follow the law Cheers

[jcar114578Member@jcar114578Join Date: 2010Post Count: 13]

December 15, 2010 - 5:25 am

Thanks for the information.

So if I do rent out the old one through the normal way, I can claim the deduction for the interest of 230k and the stampty I paid about 6 years ago?

It may not be as much as the doge way but it is legal.

Also if I rent out my main residence which I have been lived in for the past years, how does the 6 years CGT exemption apply?

Thanks