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Should family homes valued above $2M pay CGT?
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It is important to know the differences between the two, as there may be implications for capital gains tax, income tax and GST.
Depreciation claims also provide an opportunity for the property owner to invest further or reduce loan liabilities.
ACIL Allen Consulting was commissioned jointly by the Real Estate Institute of Australia and the Property Council of Australia.
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This isn’t some tax lurk for the wealthy. Mum and Dad investors are overwhelmingly the ones who benefit most for the ability to negatively gear their property investments.
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