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vgpacer1970
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@vgpacer1970
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September 13, 2010 - 12:35 am
Will an accountant be able to provide a registered evaluation from April 2008 in that town? I need a little guidance as to obtain this please.
vgpacer1970
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@vgpacer1970
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September 12, 2010 - 10:07 am
get the estimate emailed!
vgpacer1970
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@vgpacer1970
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September 12, 2010 - 9:54 am
The bank has it on file, also the real eastate has a valuation on file also, wouldn't that be enough to satisfy an auditor?
vgpacer1970
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September 11, 2010 - 10:32 am
But thats what the bank did in march 2008 as stated above??????????? when I refinanced.
vgpacer1970
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September 10, 2010 - 11:43 am
How are you to know what the property is worth at the time of vacating and renting out? especially a couple of years ago?
vgpacer1970
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September 10, 2010 - 1:09 am
I believe the real estate agent also has an estimation at the time of renting in April 2008, would that be enough as how do I know what the real estimate is? at that time?
vgpacer1970
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September 9, 2010 - 9:07 pm
The bank has an independant appraisal on their records, wouldn't that be ok if audited?
vgpacer1970
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September 9, 2010 - 6:01 am
Bank said they valued the 1st house March 2009 @ $280K so I would imagine that it was worth around that in April 2008 when I moved out? So if I get $280K for it now does that really mean I don't pay CGT at all?
vgpacer1970
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September 8, 2010 - 9:42 pm
The bank I used would have the estimations for both properties when I bought the Brisbane house. My partner only came onto the scene last year.
vgpacer1970
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@vgpacer1970
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September 8, 2010 - 9:12 am
Meant that pay out partners house or most of it and use it as tax write off?
Real estate guy said it was worth $260K in April 2008 and because I lived in it 2003-2008 that CGT is only on the difference of that amount compared to the $280K it is worth now??????? ($20K) my income currently $105K
vgpacer1970
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@vgpacer1970
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September 8, 2010 - 8:19 am
P.S…………My partner has a house rental owing $115K, should we pay it out or most of it and use it as a tax write off?