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YellowPotato(Taxicorn)Taxicorn
6 July 2026

Best you see a tax agent


Double check the contract date of the property?

1. Don't understand why is a valuation needed? It hasn't been rented out

2. Don't know.


I think it would be better to first figure out if pre-CGT asset or not. And figure out how much main residence exemption could be applied and then decide whether or not to apply it. Then worry about these issues

10 views
1 replies
10 views
1 replies
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RE: Will estimated property value in the past forfeit the 50% CGT discount? | ATO Community