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5 July 2023

I bought an investment property with my partner a few years ago. Last financial year, I bought her out of her share of the property. I know I can claim the costs of purchasing the property when I sell it, my question is whether I should claim my costs for my original purchase this year or wait until I sell the property altogether and claim the costs of both purchases at the same time. Thanks for any advice.

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Bruce4Tax(Taxicorn)Taxicorn
6 July 2023

Capital costs add to the CGT cost base, and cannot be claimed any other way.


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Investment property purchase costs | ATO Community