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johnny1234(Initiate)Initiate
19 Dec 2021

Do I have to pay a capital gains tax on the sale of my investment rental property if I am retired?

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1 replies
1,109 views
1 replies

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Most helpful replyATO Certified Response

RachATO(Community Support)Community Support
ATO Certified Response20 Dec 2021

Hi @johnny1234


If you sell or dispose of your investment property, capital gains tax (CGT) still applies, unless you meet one of the CGT exemptions listed on our website.


For example, perhaps you acquired the property before CGT started on 20 September 1985. Another common one is the main residence exemption. While you mentioned it was an investment property, it may still apply depending on your circumstances.


CGT requirements aren't altered by retirement, but you could use our CGT property exemption tool to see if another factor entitles you to any exemption.

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Most helpful replyATO Certified Response

RachATO(Community Support)Community Support
ATO Certified Response20 Dec 2021

Hi @johnny1234


If you sell or dispose of your investment property, capital gains tax (CGT) still applies, unless you meet one of the CGT exemptions listed on our website.


For example, perhaps you acquired the property before CGT started on 20 September 1985. Another common one is the main residence exemption. While you mentioned it was an investment property, it may still apply depending on your circumstances.


CGT requirements aren't altered by retirement, but you could use our CGT property exemption tool to see if another factor entitles you to any exemption.

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capital gains tax on the sale of investment rental property after retirement | ATO Community