All Topics / Legal & Accounting / Capital Gains Tax

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  • Profile photo of DeeVeeDeeVee
    Member
    @deevee
    Join Date: 2005
    Post Count: 2

    Does anyone know how to offset CGT against other investment properties?

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    Make a loss – you can only offset a previous capital loss (which can be carried forward indefinitely) against a capital gain – buy high, sell low and carry the loss forward (or sell some shares at a loss).

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