Fantastic, thanks for all the info guys. I really appreciate it.

I won’t be selling the property for a while though. Just curious about the CGT. I just didn’t want to work so hard for them to tax so much.

Is there anyone on the board that has a property in St James or near it.

I’m confident that I chose a really good suburb. They are planning…[Read more]

Ok,

I just read one of Steve McKnights post about captial gains tax.

Below is what he has to say about this topic.

I imagine that you own the property in joint names or at least in one name as an individual (as opposed to a company).

This being the case you will qualify for a 50% exemption.

Ideally the would have the following…[Read more]