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    CGT Main Residence Exemption (6 years)

    That would imply if a PPOR was purchased after 1985 and is passed onto a beneficiary, then it would be far better to sell within 2 years than to hold onto it, since CGT exemption disappears after 2 years? Alex
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    CGT Main Residence Exemption (6 years)

    You pay no CGT when selling your own PPOR, but the trust will have to pay stamp when buying it from you. Which begs the question: if you plan to keep the property anyway, why not just buy it in the trust in the first place? And if you plan to keep it, why transfer it to the trust? Asset...
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    CGT Main Residence Exemption (6 years)

    Not true. If they inherit from you, they get it at a cost base equal to the value as at the date of death. All capital gains racked up during your lifetime are in effect tax free. If you inherit from someone and sell immediately (at about the same value as at the time of death) CG is minimal...
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    CGT Main Residence Exemption (6 years)

    I disagree. You could just buy an IP and never sell. You'll never have to pay CGT then. If you were a young person without a family, I'd suggest going for IPs first. Personally, I think the 6 year exemption isn't that useful because 6 years is a pretty short time when it comes to property...
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