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?
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 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?
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]