Hi All,
This is new to me and would like to know how to calculate as I am selling down my portfolio and will have capital gains on my properties,lets say I payed 250k and property sells for 390k and I have had losses for the 8 years of ownership do you deduct losses from gain and then pay cgt on 50%.
thanks
This is new to me and would like to know how to calculate as I am selling down my portfolio and will have capital gains on my properties,lets say I payed 250k and property sells for 390k and I have had losses for the 8 years of ownership do you deduct losses from gain and then pay cgt on 50%.
thanks