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Tax on property sale

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  • Tax on property sale

    My wife and I jointly(50/50) bought an investment property off the plan in 2020 for 600k, due to Covid related delays the build completed in and settled in July 2021 we sold the property in Sep 2021 for 750K we paid 24k agent commission, it's time to file our taxes, so my question is do we file tax for 150K split between both of us or can we deduct 24K from 150k and then file taxes for rest. This 150k also includes our deposit of 60K. Any guidance will be much appreciated. Thanks.
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