beari » user profile
| Member Since | 28/06/2020 |
|---|---|
| Last Seen | 8 hours 57 min |
Recent Activities
beari replied to 
besttechadvisor on Trade $20 (New Customer) or $1000 (Existing Customer) of Any Crypto to Earn Bonus $30 in TRUMP @ OKX
besttechadvisor on Trade $20 (New Customer) or $1000 (Existing Customer) of Any Crypto to Earn Bonus $30 in TRUMP @ OKXYou know what causes more deaths? Countries thinking they can invade other countries without consequences.
Yes - in the cost base. I'm well aware what I've said and I suggest you re-read my comments.
This has nothing to do with negative gearing. The OP only asked about CGT. If the OP is not renting the property to their parents then…
Intention to earn income/non-arms length is largely irrelevant in this circumstance. If OP intended to rent it to them under market value…
Yes if it is under mortgage interest will be included. This is ultimately a capital investment and all associated costs are included in…
beari commented on Cost Base on 2nd Property
Yes - any capital items will be factored in to the cost base when the property is ultimately sold. Holding costs such as interest and…
Happy reading https://www.ato.gov.au/Individuals/Capital-gains-tax/Property-and-capital-gains-tax/CGT-when-selling-your-rental-property/…
The phrase your broker used was likely "NOT at arms length". If it is being sold for less than half price it is definitely not at arms…
beari joined OzBargain.
Welcome aboard!