hello,
I have a residential property in nsw, i have never rented it. I have an equity of 100k on this property.
Now, i am buying another property, i will move into that property and put old property on rent.
If i withdraw equity to put deposit for new property.
What all i need to consider about tax implications of this equity ?
after withdraw, will this equity be added to my taxable income ?
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231 views
1 replies