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Lindsay

  • Lindsay replied to the topic CGT exemption for main residence in the forum Legal & Accounting 8 years, 7 months ago

    I see where you come from now Terry, thanks!

    In my case, I didn’t sign the 2 contracts on the same day. Actually I signed the contract for the second off-the-plan property roughly about 1 year after signing for the first property. What implication would that have to my situation?

    thanks again!

  • Lindsay replied to the topic CGT exemption for main residence in the forum Legal & Accounting 8 years, 7 months ago

    Hi Terry
    Would you be kind enough to elaborate a bit more?

    what did you exactly mean? Let’s say I signed the contract 2 years ago…why is that more important than the settlement date? I don’t understand…

    thanks again!

  • Lindsay replied to the topic CGT exemption for main residence in the forum Legal & Accounting 8 years, 7 months ago

    Thanks Terry but to be honest I’m a bit confused…

    These two properties won’t settle at the same time. the 2nd property will settle between 6-9 months after the 1st one settles. Any particular reason for the possibility of ownership period overlapping? Maybe I’m missing something?

    Much appreciated!

  • Lindsay started the topic CGT exemption for main residence in the forum Legal & Accounting 8 years, 7 months ago

    hi all,
    I purchased two apartments(they’re not too far away from each other) off-the-plan a couple of years ago and would like to ask a quick question about CGT exemption.

    The first apartment will settle in a month and the second one will settle next year. Both apartments have appreciated quite a lot in value based on current market value.

    If I…[Read more]

  • Lindsay became a registered member 8 years, 7 months ago

Lindsay

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