Total Members: 159,074

bens0n

  • Hi team,
    I have the plunge and purchased my first investment property, which is scheduled to settle next week.
    Can someone kindly point me to a simple resource, which clearly summarises a list of allowable tax deductions? Including; LMI, Mortgage Registration fees etc
    Thanks-Ben

  • bens0n replied to the topic When is capital gains tax applicable? in the forum Legal & Accounting 9 years, 11 months ago

    So assuming I claim my first property as PPOR and then sell within 6 years I will avoid paying CGT. Could I then claim my new property as PPOR after the first one is sold and avoid paying CGT on that as well?

  • bens0n started the topic When is capital gains tax applicable? in the forum Legal & Accounting 9 years, 11 months ago

    I currently own two properties in NSW. The first of which I lived in for 2 years, it has since been rented for the past 13 months. I recently bought a new property and plan to live in it for the foreseeable future. Can I claim my first property as my primary residence to avoid paying Capital Gains tax if I sell within 6 years of moving out even…[Read more]

  • bens0n became a registered member 9 years, 11 months ago

bens0n

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