All Topics / Help Needed! / Refinancing and CGT

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  • Profile photo of Adam SweenyAdam Sweeny
    Participant
    @asweeny
    Join Date: 2014
    Post Count: 12
    April 24, 2016 - 7:24 am

    Hi all, might be more of a tax question than a finance question:

    Can you invest the proceeds from the sale of a property directly into another property that needs to be refinanced without paying capital gains? I’m pretty sure its hopeless but is there any sort of workaround here?

    Thanks in advance!

    Adam Sweeny
    http://www.diypropertyinvestment.com

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    April 24, 2016 - 3:46 pm

    no.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

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