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Could someone please tell me whether a first home buyer pays capital gains tax on their first property if they sell it after using it as PPR for say 7 months??
if it is your only property, then you won't have to pay CGT. If you own other properties at the same time you may have to. There is a questionaire on the ATO website that might be helpful to have a look at.
Viewing 2 posts - 1 through 2 (of 2 total)
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