Hi Community,
I bought an investment property 5 years ago and have never lived in there for a single day.
Am I eligible for 50% CGT discount if I sell it now?
Is there a tax ruling on how to determine this 50% CGT discount?
Thanks
It is very likely the government will announce changes to the legislation around CGT discounts in the next federal budget.
Are you gonna sell before budget night on 12th May ?
Hi Colin_Oscopy,
Thanks for your prompt reply.
I don't think I am able to sell it before 12th May.
I just wanted to figure out my eligibility for the discount.
ATO guidance on discount
CGT discount | Australian Taxation Office
Thanks Taxduck.
Looks like I am eligible for the discount.
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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