G'day Folks, for context - I am the executor of a will - death occurred in January 2023 so we have passed the two-year threshold. The properties were recently sold - one of the titles was the deceased primary place of residence (PPR) and the other was a vacant block directly next to the PPR (but subject to land tax etc). The assets sold for less than the valuation used for probate so there has been no capital gain in that period - rather a loss. There were no shares, no savings, nothing that accrued any income. Does a tax return need to be submitted?
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18 views
2 replies