Buying a property How long must I keep the property to avoid capital gains tax? Investment and primary residence? I would like to clarify whether it is possible to treat a property as both an investment and my primary residence> Property profit into super Can I sell this property and put the proceeds into a super fund and thus avoid the capital gains tax? Single Mum with a mortgage I am a single Mum of two kids with a mortgage. I have $100 a week to invest - should I pay off the mortgage or invest elsewhere? Investment property It has been suggested I borrow $90,000 and invest in a managed fund and buy an investment property. Is this a wise option? Government grant We bought our first brand new unit last year with the help of government grant. Can we rent it out for the first 364 days in order to claim the first year deprecation to offset our tax; then move in and live there for six months to legally fulfill the grant requirement? Margin loan Could I claim the interest on a mortgage redraw as a tax deduction like I do now with the margin loan? Selling investment properties When is the best time for me to sell my investment properties and put any capital gain achieved into my super fund? Property for children My wife and I want to secure the future of our two sons, now aged five and seven, in land - do you think this is a good move? Sell now or later We would like to buy a new home but we cannot move in right now - should we wait before we start the selling process? Buy your ideal home? I have been told a strategy is to buy our ideal house as an investment property until we are in a position to move in and start paying off the mortgage. Is this legitimate? Buy property now? Should I invest in property to not miss out on the current property increases? Our next move for property We propose to move to another area and are unsure of what we should do with our current property. What would you suggest? Transfer of profits between properties If we sell our Melbourne house and put the net proceeds into our Adelaide house, will we be subjected to CGT? CGT on shared property I own half of my home and my two brothers own the other half in equal shares. My brothers are worried that they will have to pay CGT on their share of the property when I pass away. Residence property Could you please explain the term "provided you do not claim any other property as your residence in that time"? Mortgage pay off Would I be better off trying to make small extra payments onto the mortgage, or using some of my super to pay off a lump sum of the mortgage? Gifted property Do I have to pay tax on property gifted to me from overseas? Investment property As our stocks have no debt and the mortgage is not tax deductible, should we sell the shares and pay down mortgage? Investment to residence We were thinking of moving into our first investment property and changing our principal home to an investment. Would this be wise? Downsizing property to invest We would like to downsize to a smaller property and invest the difference. How should we invest? Selling investment property We wish to sell our investment property. Can we use our super to avoid some capital gains tax? CGT on Market Values If my father sells me a property for below the market value, will the Capital Gains Tax be calculated on this actual profit or on the market value? Buying property Are we better off trying to put more money into our current home loan or should we look at a second property investment? Property loans Is there anyway I can maximise my investment property loan so that I can claim more tax benefits and lower my loan cost for the unit which I am planning to buy and live in for which there is no tax benefit? Sell old and buy new? My partner and I are looking at the selling the property in my name to buy a property in both our names. Is this a good way forward? Residence to rental What is the outcome if you put excess funds in a mortgage whilst your are in your principal place of residence and then withdrew all the excess funds prior to renting out the property? Renting out your home We would like to move out and rent out our home. Are we able to continue to claim it as our principle place of residence and thereby become exempt from capital gains tax? Property share-ownership I have a paid-off property which I would like my son to move into, paying weekly equity payments to me in order to gradually increase his ownership of the property. What would be the advantages and disadvantages of such a scheme? Primary residence If I borrow against my primary residence to buy another property to live in for a while, and then move back into it later, what type of tax situation would I be creating for myself? top Advertise with us | Contact us | Site map | About us Privacy Policy | Conditions of Use Copyright © 2010. Any unauthorised use or copying prohibited.

Planning budgeting debt tax Investments managed funds shares superannuation Property Banking Each week financial advisor Noel Whittaker answers your questions. Topics include: » Mortgages » Managed funds » Superannuation Ask a question now Financial calculators  >> Borrowing power  >> More. Compare and apply for financial products.  >> Home loans  >> Credit cards >> Term Deposits  >> More. Let our enewsletter Money Sense help you with your finances. Subscribe now. See sample newsletter