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7 February 2020
Most helpful response
8 February 2020
If you transfer your Investment property to your wife you will be liable for Capital gains Tax as the ATO will see it as a sell even though no money has changed hands.
ATO Certified Response
11 February 2020
Thanks for your question.
@macfanboy is correct. Being an investment property, CGT will likely apply. Of course, it will ultimately depend on the facts of your situation.
You can check out the transferring real estate to family or friends page on our website for more information. After you have read that page, check out some of the other links on the left hand side.
You will also need to get in touch with the land titles office in your state or territory regarding stamp/transfer duty requirements.
Hope this helps.
Australian Taxation Office
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