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  • Profile photo of rachaelm15207rachaelm15207
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    @rachaelm15207
    Join Date: 2003
    Post Count: 1

    Snorky,

    Just wanted to clarify something for you about the CGT Exemption. It is called Asset Replacement Roll-over. It is not actually an exemption. It just defers the Capital Gain until you sell the asset that has replaced the original asset. This means you can keep money in your pocket to keep investing. There is a time limit on it and I would advise you to talk to your accountant more about this before you sell the property.

    Cheers

    Rachael

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