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New to this – so sorry to be a pain. Couple of ?’s
1) I have already paid stamp duty ~8K – is this lost even if I on sell?
2) Do I have to still pay CGT if I sell, take profit and then reinvest it? If not how long can you hold the profit before you have to reinvest?It’s good here![blink]
KramMLorkin
Thnaks guys – food for thought. V. useful info about the ATO date of sale – will check
Re: improvements- think I meant fit out (Dwasher, a/c, carpets etc.
Kram
MLorkin
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