Capital Gains Tax on Real Estate



CGT Questions What are CGT Assets? Capital Gains Tax on Real Estate Did a CGT Event happen? Is there a gain or a loss? Are there a CGT exemptions? CGT Main Residence Exemption Timing Issues Main Residence Usage Are there any CGT concessions? Are there any rollover provisions? How do I calculate capital gains tax? Capital Gains Tax Cost Base Topics CGT Rulings Self Managed Super Funds Australia The Buzz car insurance	Capital Gains Tax on Real Estate Capital gains tax is generally payable when you dispose of a real estate interest. The main exception is when the real estate is your main residence. In some circumstances, the real estate you dispose of may have initiall y been you main residence, but then you started to rent it out. In these circumstances, you may be eligible for an exemption, or liable for capital gains tax on real estate on a pro rata basis. For your particular situation, you should talk to a professional tax advisor.
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