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  • Profile photo of brendon11brendon11
    Participant
    @brendon11
    Join Date: 2006
    Post Count: 15
    August 11, 2006 - 8:55 am

    Can someone confirm what my accountant told me, as it seems a bit too good to be true…
    She told me this;
    I will not pay any CGT when I sell my house because I lived in it before I started renting the house and I have not bought another property, as I have been living in a rental since I moved out.
    Apparently this situation is applied for up to 6 years.
    Thanks :)

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544
    August 11, 2006 - 10:50 am

    Hi Brendon,

    On the information provided in your post – your accountant is spot on.

    Derek
    [email protected]
    http://www.mononpoly.tic.com.au
    0409 882 958
    Skype – derekjones2113

    Profile photo of brendon11brendon11
    Participant
    @brendon11
    Join Date: 2006
    Post Count: 15
    August 11, 2006 - 10:15 pm

    thats great, thanks :)

Viewing 3 posts - 1 through 3 (of 3 total)

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