vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 9 months ago
Will an accountant be able to provide a registered evaluation from April 2008 in that town? I need a little guidance as to obtain this please.
vgpacer1970 replied to the topic CGT in the forum get the estimate emailed! 15 years, 9 months ago
get the estimate emailed!
vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 9 months ago
The bank has it on file, also the real eastate has a valuation on file also, wouldn't that be enough to satisfy an auditor?
vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 9 months ago
But thats what the bank did in march 2008 as stated above??????????? when I refinanced.
vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 10 months ago
How are you to know what the property is worth at the time of vacating and renting out? especially a couple of years ago?
vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 10 months ago
I believe the real estate agent also has an estimation at the time of renting in April 2008, would that be enough as how do I know what the real estimate is? at that time?
vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 10 months ago
The bank has an independant appraisal on their records, wouldn't that be ok if audited?
vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 10 months ago
Bank said they valued the 1st house March 2009 @ $280K so I would imagine that it was worth around that in April 2008 when I moved out? So if I get $280K for it now does that really mean I don't pay CGT at all?
vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 10 months ago
The bank I used would have the estimations for both properties when I bought the Brisbane house. My partner only came onto the scene last year.
vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 10 months ago
Meant that pay out partners house or most of it and use it as tax write off?Real estate guy said it was worth $260K in April 2008 and because I lived in it 2003-2008 that CGT is only on the difference of that amount compared to the $280K it is worth now??????? ($20K) my income currently $105K
vgpacer1970 replied to the topic CGT in the forum Legal & Accounting 15 years, 10 months ago
P.S…………My partner has a house rental owing $115K, should we pay it out or most of it and use it as a tax write off?



