Hey there, has anyone got any knowledge on capital gains tax in Australia.
I have a 50% share in a townhouse in Queensland but have moved back to NZ to live. I would like to keep the investment for the long term but dont want to pay 30 % plus of the profits to the tax man when it comes time to sell.
Any advice would be greatly appreciated.
Cheers
I have a 50% share in a townhouse in Queensland but have moved back to NZ to live. I would like to keep the investment for the long term but dont want to pay 30 % plus of the profits to the tax man when it comes time to sell.
Any advice would be greatly appreciated.
Cheers
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