SMH
·general
·1 hour ago
Should we sell our investment property before the new tax changes?
An Australian couple nearing retirement is weighing whether to sell their investment property before June 2027 to lock in current capital gains tax concessions. The Coolangatta unit, purchased for $440,000 in 2020, is valued at approximately $780,000. New CGT rules taking effect July 1, 2027, will impose stricter taxation on future gains, making early sale potentially advantageous.
Summary by Glance · SMH
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