Robs132 replied to the topic Avoid CGT? in the forum Help Needed! 4 years, 7 months ago
Fantastic advice and food for thought thanks for all your responses!
Robs132 started the topic Avoid CGT? in the forum Help Needed! 4 years, 7 months ago
Hello,
If I sell my IP but I have never lived in it, is there anything I can do to demonstrate that I “lived” in the property within the 6 year window so I don’t have to pay CGT?
Asking for a friend
Thanks
Bobby
Robs132 replied to the topic Sell in Surfers Paradise or Pay it down? in the forum Help Needed! 6 years, 7 months ago
Thanks mate :)
Robs132 started the topic Sell in Surfers Paradise or Pay it down? in the forum Help Needed! 6 years, 7 months ago
Hi guys,
Looking for guidance on current situation
Here it is:
1. I have one property in Surfers Paradise. Purchased at $196K and loan of $159k with $100K sitting in offset so servcing IO loan of $59K at 5.15% IR (positively geared). Rent of $230 p/w (now valued at $186K)
2. I have a property in Maroubra (Sydney). Purchased at $625K and loan…[Read more]
Robs132 became a registered member 8 years, 2 months ago