Subdivision Of Property Ato
CGT when selling your rental property. Guide to capital gains tax 2020 About this guide.
Property Tax What Subdividing Your House Means For Your Money
When you sell or dispose of a rental property you may make a capital gain or loss.
Subdivision of property ato. A capital gain or loss is the difference between what it cost you to obtain and improve the property the cost base and the amount you receive when you dispose of it. There are links to worksheets in this guide to help you do this. This guide is not available in print or as a downloadable PDF Portable Document.
The Guide to capital gains tax 2020 explains how capital gains tax CGT works and will help you calculate your net capital gain or net capital loss for 201920 so you can meet your CGT obligations.
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