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  • Profile photo of dean kamanisdean kamanis
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    @dean-kamanis
    Join Date: 2010
    Post Count: 4
    August 4, 2010 - 2:42 pm

    Hi , In my opinion if a property is making gains why sell it? Leverage off it and acquire more properties .If you choose to sell in a quick turn around you would prefer to hold it more then 12 months to avoid paying full capital gains tax.

    Profile photo of dean kamanisdean kamanis
    Member
    @dean-kamanis
    Join Date: 2010
    Post Count: 4
    August 4, 2010 - 12:14 pm

    No problem…:D
    No need to put it in a company name. Tenants in common will allow to adjust the percentage share of the property. You will need to update your will thou, so the soul survivor gains ownership Unlike joint tenants where the share is 50/50 the soul survivor automatically gains 100 % ownership.

    Profile photo of dean kamanisdean kamanis
    Member
    @dean-kamanis
    Join Date: 2010
    Post Count: 4
    August 4, 2010 - 12:02 pm

    I am aware of a few property investment opportunities in melbourne, brand new house and land for 350k

    Profile photo of dean kamanisdean kamanis
    Member
    @dean-kamanis
    Join Date: 2010
    Post Count: 4
    August 4, 2010 - 10:37 am

    99% in Husbands name 1% in your name,.To achieve max tax advantage ,then 1 year before you decide to sell it reverse it and put most tax advantage in your name.Otherwise my understanding is hold onto the property until retirement and you avoid CGT

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