geordiebloke replied to the topic Capital Gains tax in the forum Help Needed! 7 years, 9 months ago
Thanks Terry, I’m unaware of the 6 absence rule?
My ex is having issues with the ATO regarding her last tax return, which seems to revolve around the purchase price of the rental.
They seem to be implying she may be liable for Capital Gains Tax, which as you have noted….she is not
-
geordiebloke started the topic Capital Gains tax in the forum Help Needed! 7 years, 9 months ago
Good evening,
My situation is as follows – I purchased a house in Perth in 2009 for 429k, which was my families principal place of residence.
The house was subsequently valued at 495k in July 2013, when it was re-valued, subject to it becoming our investment rental property.
Following the breakdown of my marriage, I moved back into the rental…[Read more]
-
geordiebloke started the topic Capital or maintenance in the forum Help Needed! 9 years, 6 months ago
Good morning,
Quick question, I need to replace some windows on my rental property due to general wear and tear/ storm damage.
The windows are pretty much like for like, but obviously more modern than the previous ones which are about 20 years old.
Because the windows are being completely replaced rather than repaired (was told that this was not…[Read more]
Total Members: 159,421
