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14 June 2024

I have two houses on one title. One house is my primary residence the other has never been occupied or rented. Will I pay CGT if I sell them both?

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687 views
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Most helpful reply

Taxduck(Taxicorn)Taxicorn
14 June 2024

Well, for CGT purposes the asset you are selling is the land (one title) with 2 dwellings attached.

I am assuming you are unable to sell them separately (unless you subdivide).

So CGT exempt (as long as the property is less than 2ha)

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Most helpful reply

Taxduck(Taxicorn)Taxicorn
14 June 2024

Well, for CGT purposes the asset you are selling is the land (one title) with 2 dwellings attached.

I am assuming you are unable to sell them separately (unless you subdivide).

So CGT exempt (as long as the property is less than 2ha)

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