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Thanks for the comments guys.
Getting cold feet now. Perhaps we'll look at residential property for investment.
Thanks again.
Cheers.Thanks Elka ,
The article answered my question re capital growth and is very informative. Will explore further.
We were told that if you sell your commercial investment property at retirement-it will attract no capital gains tax whereas residential investment property would. Or have I misunderstood?
What is the amount you pay for capital gains tax anyway?
Cheers.
5ijts
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