Seek advise – I’m planning to sell my investment property and buy another investment property. The first IP has a capital gain, can I transfer the capital gain to the second one so that I don’t have to pay the CGT in the current financial year. The second IP, I’m planning to buy is around 450K which is about half the value of the first. Any…[Read more]

Adding spouse name to title for PPOR will trigger CGT? Was the regulation changed recently?

I have a slight different situation. I have an investment property in Victoria bought in 2015 and I am thinking to add my wife’s name to the title. To avoid the stamp duty, we want to claim the property back as PPOR by live in for 12 months then do the spouse name add in onto the title to make it a joint ownership of 50/50. At this point, does…[Read more]