PropertyInvesting.com | John | Activity https://www.propertyinvesting.com/members/john71/activity/ Activity feed for John. Sat, 02 May 2026 02:47:58 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 787d8e20d75be85369053974db2ef485 John replied to the topic CGT on land ( my only property ) in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5013882-cgt-on-land-my-only-property/#post-5014087 Thu, 01 Oct 2015 10:01:40 +0000 Called the ATO today…

Spoke to a fellow who initially gave me some hope. He thought that I may be exempted because I had not bought a home in the meantime, and particularly because I am considering purchasing another vacant block to replace it.

He put me on hold to check some scripts and to speak to his superior. Apparently he tried to sell…[Read more]

]]> 8008b8b9bd3f94db93876d342dfe773d John replied to the topic CGT on land ( my only property ) in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5013882-cgt-on-land-my-only-property/#post-5014037 Wed, 30 Sep 2015 13:07:56 +0000 100% discount is better. ;)

]]> f23a12a12c1842be2028f85255af597d John replied to the topic CGT on land ( my only property ) in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5013882-cgt-on-land-my-only-property/#post-5014003 Tue, 29 Sep 2015 14:57:07 +0000 Damn it! Cant catch a break.

]]> 2a95d121b3f20162bca6295c005073de John replied to the topic CGT on land ( my only property ) in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5013882-cgt-on-land-my-only-property/#post-5013998 Tue, 29 Sep 2015 12:42:35 +0000 Hmm,no benefit there for me… However, I wonder if I can defer the CGT event and buy another piece of land (rolling over?) and build my primary residence on it, effectively avoiding the CGT altogether.

]]> 45f665cf82d8dae54e9866fd1da51a87 John replied to the topic CGT on land ( my only property ) in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5013882-cgt-on-land-my-only-property/#post-5013955 Mon, 28 Sep 2015 23:56:42 +0000 Thanks for your input, Dean.

The land is only 4.5 acres.
I believe that of I were to put a dwelling on it, that it would be exempted. However, I don’t want to go through the whole building process, in the hope that I can recoupe the building costs, as well as the value of the land.it may well end up a waste of alot of time and money and…[Read more]

]]> 79b48f3f3496305abe5fe53ab9ca4ed8 John replied to the topic CGT on land ( my only property ) in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5013882-cgt-on-land-my-only-property/#post-5013947 Mon, 28 Sep 2015 11:55:17 +0000 Thanks crj,

I thought as much… Damn you ATO!!

I wish they wouldn’t consider it an investment, considering it is the only property I own. Oh well…

]]> 91e71dc067875ddd96e63d2cf8138246 John started the topic CGT on land ( my only property ) in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5013882-cgt-on-land-my-only-property/ Sun, 27 Sep 2015 08:17:51 +0000 Hello,

I know that CGT is applicable on vacant land when sold but is there any way that I can minimise it?

I have never owned a home before but I have owned the land for 13 years. I wish to sell it and purchase my first home.

Any other ideas to minimise or even eliminate CGT via smart accounting or any legal means?

I don’t feel that its fair…[Read more]

]]> 480a04d1994f5eb0aaac4fb8bf8e703e John became a registered member https://www.propertyinvesting.com/activity/p/325706/ Sat, 19 Sep 2015 13:01:03 +0000