PropertyInvesting.com | polsis04 | Activity https://www.propertyinvesting.com/members/polsis04/activity/ Activity feed for polsis04. Fri, 01 May 2026 23:17:11 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ed15580239037f406e36faad4daaf9ae polsis04 replied to the topic Father/Son IP Unequal Repayments. ATO trouble? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409361-fatherson-ip-unequal-repayments-ato-trouble/#post-4690809 Fri, 17 May 2013 10:03:45 +0000 OK, thanks for your help so far by the way Terry.

So each of us is charged CGT at the difference between the sale price and the purchase price. That is fine.

Will the ATO pick up the uneven deductions for renovations and try to tax accordingly? So will I end up with a tax bill at the end of it do you think?

]]> e0ae258d50b7488e8b3810b3bb952627 polsis04 replied to the topic Father/Son IP Unequal Repayments. ATO trouble? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409361-fatherson-ip-unequal-repayments-ato-trouble/#post-4690807 Thu, 16 May 2013 14:00:37 +0000 OK, so if for instance I purchased his half, and changed the title to reflect only my ownership, what will happen?

If the unit is valued at 300,000, I need to give him 150,000. But the numbers are distorted because he only wants back what I owe him, not what the unit has appreciated.

What is his CGT? Difference between 86,000 (half the purchase…[Read more]

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