Wednesday 11 April 2018

SELLING AN INVESTMENT PROPERTY? CHECK YOUR COST BASE!



When selling an investment property it is important to know the full cost base of the asset.


The cost base can include the purchase price and costs associated with acquiring, holding and disposing of the property, such as legal fees, stamp duty and real estate agent’s commissions.


Amounts that you've already claimed as a tax deduction are excluded from the property’s cost base.

For more information please click on the link below:

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