To state the obvious, capital growth is what your'e after , not income as I imagine the reason you are up north is for the big coin.Infact the extra coin is probably the reason for your ability to purchase again, and subsequent desire for tax benefits (minimisation).So forget the northwest option, as you will be paying huge money for a modest h…[Read more]

Well almost !! …… SoIf no claims were made (assuming ithe property  was purchased post 13 May 1997, and was eligible for CCWO as construction commenced post 18 July 1985), then how does the tax department assess the building cost given that a figure was never determined at the time of purchase ?Also I can't believe that the amount effectively…[Read more]

trajik wrote:
Even though the building write off is recouped upon sale, you have claimed it during the life of the investment at your full marginal tax rate, but get a 50% CGT discount on sale.The time value of money also places a greater value on claiming as much as you can as early as you can.And lastly, the building write off is recouped even…[Read more]