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Hi
I have heard that you can avoid paying capital gains tax in the U.S by doing a 1031 exchange. Is this possiable in Australia?
Thanks GTNo
Not with residential investment property in Australia.
The only way to avoid CGT is to buy and hold and not sell, access the equity in the form of loans rather than selling. Risky in the wrong hands but if you have any business and investing sense it can work well for you.
you could offset capital gain against other capital loss or previous financial year carried forward capital losses
Viewing 4 posts - 1 through 4 (of 4 total)
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