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  • Profile photo of jcar114578jcar114578
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    @jcar114578
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    March 31, 2011 - 11:53 pm

    Thanks for the reply,

    they not worrying about relationship part, they just want to know for tax claim purpose which way is better

    Cheers

    Profile photo of jcar114578jcar114578
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    @jcar114578
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    March 29, 2011 - 11:42 pm

    Thanks, Marty
    I will make sure they know about this, as long as they don't over do it…
    Cheers

    Profile photo of jcar114578jcar114578
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    @jcar114578
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    March 10, 2011 - 2:58 am

    great
    thanks a lot!

    Profile photo of jcar114578jcar114578
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    @jcar114578
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    March 10, 2011 - 12:01 am

    any opinions?

    Profile photo of jcar114578jcar114578
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    @jcar114578
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    March 9, 2011 - 8:59 pm

    I am in ACT btw

    Profile photo of jcar114578jcar114578
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    @jcar114578
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    December 15, 2010 - 8:54 pm

    Thanks, all
    Heaps of great information i can get in here!

    If I treat my old house as investment property which is CGT free for 6 years, and the new one as main dwelling.

    Say then sell the old house within 6 years, will there be any CGT?

    Or any CGT if I sell the new one (which has been my main dwelling) and moved into the old house?

    Thanks all

    Profile photo of jcar114578jcar114578
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    @jcar114578
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    December 15, 2010 - 6:12 am

    Thanks Again. One more question, if I do lease the old house it will be CGT free for 6 years as it has been my main res for past years? also if I decide to keep selling it till sold, it is again CGT free as it has been my main res? Thanks all, I will follow the law Cheers

    Profile photo of jcar114578jcar114578
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    @jcar114578
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    December 15, 2010 - 5:25 am

    Thanks for the information.

    So if I do rent out the old one through the normal way, I can claim the deduction for the interest of 230k and the stampty I paid about 6 years ago?

    It may not be as much as the doge way but it is legal.

    Also if I rent out my main residence which I have been lived in for the past years, how does the 6 years CGT exemption apply?

    Thanks

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