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Just going to pop this little [link…

You confirmed my assumption in the second-last paragraph. And based on much of the conversation so far, I do believe most people don't…

Please, please, please!! If your economics understanding comes out of a cereal box, I URGE you to consider the following breakdown before…

But brackets isn't the issue. Deductions is. You can shift brackets all you like, but if people can deduct their way into a lower bracket,…

I get your heart and motivation behind this, but there's complexities and loopholes that will see this falling over the second it's…

This is correct. He would have to apportion the time it was investment vs time it was PPoR.

Well pretend I'm a business. Same situation. Business goes under?

Nope. If it's only ever used for PPoR, no CGT is payable

So here's a hypothetical for you: I'm a sole trader and I buy and sell valuable antiques. In a year my sales total $3m but the costs of…

He (assuming he) can sell the place he currently resides in (PPoR) and move into the place that he's currently leasing out.

Because that is literally the aim of the tax system. If you can't claim deductions against losses and costs for an income generating…

But you can??? What kind of structure are you holding if you're not claiming capital losses against shares? Unless what you're saying is…

Absolute nonsense. Tell me you don't understand taxation without telling me.

It will have the intended effect of lowering house prices, as well as reducing demand from people who don't need another home. Whether it's…

NG - no. CGT discount - yes. The removal of the CGT discount alone will prompt a mass exodus of investors to offload before legislation is…

Contract law would have been on your side in that instance. In insurance case, you'd have a case to sue VicRoads if you were uninsured…

Used ma13 Mine: https://wn.nr/XSsQ27G

Loan on a depreciating asset? Just don't do it. If you go with regular auto finance, you're charged through the nose for interest (which is…

Don't give them ideas! Next thing you know, they'll just ship the bare console, no cables, no controllers - because y'know, saving the…

I won 1st, 2nd and 3rd place on a Police (the fashion brand) x Lewis Hamilton FB competition. It was a vertical scrolling racer, where you…

username checks out

Sellers who don't list a price and just say "offers" even better when paired with "no lowballers". Absolute smooth-brains.

@gromit, please don't throw things away--look for pay it forward pages in your area. I've only ever had positive interactions with people…

That's a yeh, nah from me.

What about a dashcam?

Ah yes, the Satan-brother no-one speaks of...

USB one is diabolical. I hope this happens even if they use USB-C

Whilst I wouldn't say no if I got this as a gift, there's no way in hell I'm dropping 1.2k for this. I don't like to wish bad things upon…

Word to the wise--avoid Revolutions. Absolutely dog-water game, trading on the Valkyria name. I legit deleted it whilst still playing the…

In simple terms: Interest payments on your PPoR is not tax-deductible, whereas interest on a loan for investment products (e.g. shares) is…