If a property is bought as an investment property,
but sold as PPR, are there any pro rata deductible charges for:
If CGT is proportioned out between investment periods and non-investment periods, I thought the above fees and charges might also be partially deductible?
The selling of the property as a principal place of residence or as an investment property is thus irrelevant .The calculations for CGT are made pro-rata as per your comments. Correct?
Not exactly.
You do the whole CGT calc with no pro-rata MR exemption - then apply pro-rata MRE at the end.
What about non CGT selling expenses that occur in the year the property is sold?
Not something I mentioned - do you mean my unrelated capital losses?
That could be capital losses on, say, sale of shares, or carried forward from earlier years.
Non-deductible holding costs during the MR period reduce the capital gain.
Property CGT takes in a lot of different issues - best to go to a local tax agent who has done it many times before.
Not exactly - you have to work out capital gain first, with full value of all inputs,
then apply pro-rata main residence exemption.
Then apply any unrelated capital losses available, then apply 50 % discount after that.
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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