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  • Profile photo of MossieMossie
    Member
    @mossie
    Join Date: 2005
    Post Count: 5

    Thanks everyone for your advice. I hate CGT as I am sure everyone else does as well. Paying tax on money you have already paid tax on previously really gets to me. In the end the ATO has near 75% of every dollar when you pay capital gains. Anyway I won’t get started. Thanks again. Mossie

    Profile photo of MossieMossie
    Member
    @mossie
    Join Date: 2005
    Post Count: 5

    Many thanks to you all for your good and differing opinions.

    Profile photo of MossieMossie
    Member
    @mossie
    Join Date: 2005
    Post Count: 5

    Thanks Wylie. It is not that we have to sell but we are also not getting any income from them either and wonder if it would be better to sell one when the capital gains will only be minimal as opposed to keeping the property. We could then look at positively gearing the other property.

Viewing 3 posts - 1 through 3 (of 3 total)