Principal Place Of Residence Archives

Capital Gains

Investment Property Capital Gains Tax (CGT) Calculation with PPR Transition

[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] Having an investment property prior or posted to it being a principal place of residence has tricky CGT Calculations. Capital Gains Tax (CGT) is an essential consideration for property owners when selling a property used for different purposes over time. This blog outlines

28 February 2025

Picture of a passport, with a big stamp on top, stating Temporary Resident

Principal Place of Residence

Temporary Resident Purchasing a Principal Place of Residence in Australia. What are the rules, regulations, and fees you need to understand?

Suppose you are a temporary resident in Australia and want to purchase a Principal Place of Residence (PPR). In that case, there are restrictions and requirements you must follow, mainly governed by the Foreign Investment Review Board (FIRB). Here’s what you need to know: Key Restrictions & Requirements: If you are a temporary

15 February 2025

Buy the land next door retaining CGT Main Residence Exemption

Buying the land next door can be a great idea to expand your wings while retaining the CGT Main Residence Exemption. We come across clients that have purchased the adjoining block of land, either at the time of the original purchase or some time later for various life style reasons

12 April 2018

Principal Place of Residence – Building, Replacing, Compulsorily Acquisition or Destruction – CGT?

It is a widely recognised fact that capital gains tax (CGT) does not apply to a taxpayer’s main residence (PPR). What is less well known however is that the main residence CGT exemption can be extended to cover the time it takes to construct (or repair) that residence. In other

19 January 2018

Property Insights

Investment Property Capital Gains Tax (CGT) Calculation with PPR Transition

Temporary Resident Purchasing a Principal Place of Residence in Australia. What are the rules, regulations, and fees you need to understand?

Buy the land next door retaining CGT Main Residence Exemption

Principal Place of Residence – Building, Replacing, Compulsorily Acquisition or Destruction – CGT?