On Wed, 2021-08-04 at 13:01 +1000, David wrote: > The capital gains tax angle hadn't occurred to me, but isn't one's > primary residence CGT free?
Yes - but only the portion of it that you are using as a primary residence. As soon as you start using it to make money, CGT is payable on resale, proportionate to the non-personal use. Regards, K. -- ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Karl Auer ([email protected]) http://www.biplane.com.au/kauer GPG fingerprint: 61A0 99A9 8823 3A75 871E 5D90 BADB B237 260C 9C58 Old fingerprint: 2561 E9EC D868 E73C 8AF1 49CF EE50 4B1D CCA1 5170 _______________________________________________ Link mailing list [email protected] https://mailman.anu.edu.au/mailman/listinfo/link
