david_n_property replied to the topic 6 year PPOR RULE! in the forum Legal & Accounting 14 years, 8 months ago
Sorry to jump in, but can I clarify something here.dannyde said that he has PPOR on his own, therefore both of them own two properties, so if his partner is selling her PPOR she doesn't have to pay CGT is it? and vice versa if dannyde selling his PPOR he doesn't pay CGT given same example.sorry for my English
david_n_property replied to the topic What should I do please help! in the forum Creative Investing 15 years, 9 months ago
Thank you all for the reply.Qlds007:The current house is not rented out and we both not even live in it, basically right now my uncle (from dad side) live in it. Does that incurred any CGT if we going to sell it?I'm not 100% sure why, but the reason my sister want to remove her name from the title because she afraid her second house will be…[Read more]
david_n_property replied to the topic What should I do please help! in the forum Creative Investing 15 years, 9 months ago
Sorry for the confusion, please read below, i believe i have made myself more clear this time round.In 1996, my dad bought a house for my sister and I (both of our names are on the title deed). My sister and her spouse (Tony) also have a house of their own, but the deed of their house is only under Tony's name. The issue started when my sister…[Read more]