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November 4, 2010 - 3:37 pm

Thanks Jeff,

I am also in Sydney.

Yes, I am thinking about buying in Miami so I am watching British Buyer's thread with interest.

November 3, 2010 - 12:56 pm

Thanks Jeff,

Would be interested if anybody has kowledge of actual numbers.

Like in Australia the basic rule is that we pay CGT at our marginal rate of income tax on 50% of the profit – for property held more than 12 months.