Hello,

If I sell my IP but I have never lived in it, is there anything I can do to demonstrate that I “lived” in the property within the 6 year window so I don’t have to pay CGT?

Asking for a friend

Thanks

Bobby

Hi guys,

Looking for guidance on current situation

Here it is:

1. I have one property in Surfers Paradise. Purchased at $196K and loan of $159k with $100K sitting in offset so servcing IO loan of $59K at 5.15% IR (positively geared). Rent of $230 p/w (now valued at $186K)

2. I have a property in Maroubra (Sydney). Purchased at $625K and loan…[Read more]