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a trap for those who use their main residence and part of the property is used as a place of business.
Under S.118-190 you cannot apply to the business portion of the property, the temporary absence rule
this will mean that the percentage of business usage will continue to be ineligible for the up to the entire 6 year period.
a trap for the unwary.
https://www.propertytaxsolutions.com.au/faq/property-tax-specialists-melbourne-cgt-main-residence/
PTSMike | Property Tax Solutions
http://www.propertytaxsolutions.com.au
Email Me | Phone MeProperty Investment Tax Accounting - Sydney | Melbourne | Brisbane | Perth | Adelaide
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