https://www.propertyinvesting.com/members/mainholm/activity/ Activity feed for Mainholm. Sun, 12 Apr 2026 13:00:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 23b517b15874a92adbba11f36ed12a14 https://www.propertyinvesting.com/topic/4406434-cgt-how/#post-4668374 Sat, 30 Jun 2012 10:37:06 +0000 The ATO will consider whether you are undertaking a "profit making undertaking or plan". Under s 15-15 of the ITAA97 a profit making plan is viewed as statutory income and therefore assessable as ordinary income, not as a capital gain. This particular section of the income tax act doesn't rely on the need to be "carrying on a business" for such…[Read more]

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