Thanks for the advice fellow members. I am at a stage of confusion at the moment. I really would like to offload the IP and settle the debts once and for all as this will take a huge burden off our backs but at the same time losing an IP and in future wanting to re-invest, I don’t think i can find another with these conditions [confused2].
Thanks for all the help guys and gals. I have had this IP for the last 5 years so I will be in for a bit if I sell [].
Moving off the topic, has anyone ever heard of CGT exemption? What I mean is that if you live in QLD and sell your IP and then re-purchase in QLD straight away (or whatever the allowed time period is) you will be exempt from…[Read more]