If you sell your property, capital gains is a tax
that investors hate!
It’s like the boogie man of taxes.
Here are 4 ways you can have 0 capital gains tax to pay.
is capital gains tax-free.
We all know this one. Your principal place of residence is capital gains tax
property inside super.
When the super goes into the retirement phase, your assets are capital gains
tax-free (up to a threshold). So you own a property in super you can sell a
property free of capital gains tax. Make sure to speak to a Financial Adviser
before doing this.
Business 15-year exemption.
You can own a property that you run your business from. There are some
qualifications for this but if you’re a business owner it’s definitely
something you should speak to your accountant about.
4. Become a politician.
I’ve always said it, the politicians look after themselves! As a politician you
can have 2 properties that are free from capital gains tax.
Right now, at RealRenta Join now and get 50% off the normal low price:
That’s the cost of 1 cup of coffee a week to manage your rental property
RealRenta also has a free vision, so why not check it
Tuesday, 27 October 2020