Is it worth the effort to subdivide and build a new property or should you just sell the entire property and invest the proceeds elsewhere? 

In today’s podcast, we sat with Sohail Merchant, the Chief Operating Officer for Investor Partner Group. He has extensive experience in property investment and taxation, and he has helped many clients navigate complex tax laws related to property ownership. He shares his expertise and insights as we delve into the topic of main residents and capital gains tax.

They discuss the tax implications of demolishing or subdividing a property in Australia. We answer common questions about the consequences of these actions and explain the main residence exemption for capital gains tax (CGT). We cover scenarios like subdividing land, building a new property, renting out the main residence, and using the home for income-producing activities.

If you're thinking about these options for your property, tune in to learn about the tax implications and how you can navigate them. 

Don't forget to subscribe to our podcast for more insights and tips on managing your finances.



Episode Highlights:
00:00 Welcome to Helpmebuy Property Podcast
01:24 Consequences of Demolishing or Subdividing a Property
03:44 The Tax Implications of Subdividing a Larger Block of Land
06:43 Three Conditions to Get the Main Residence Exemption
12:52 Capital Gains Tax Exemption
14:19 The Six-month Rule of an Overlap
16:35 Proportion of Capital Gains Tax
21:03 Dual Income and the Six-year Rule
23:33 Jumping Houses From One Property to Another
25:41 Limitation on Tax Records for Property-related Transactions



Resources:
Visit the Investor Partner Group website: https://helpmebuy.com.au/
Join us on our FREE Facebook Group: https://www.facebook.com/groups/helpmebuyau

You can also connect with us on https://www.linkedin.com/company/77080688. For more podcast episodes, subscribe to our Youtube Channel athttps://www.youtube.com/@moxinreza. 



Keep smiling, be kind, and continue investing. Peace out!

Is it worth the effort to subdivide and build a new property or should you just sell the entire property and invest the proceeds elsewhere? 
In today’s podcast, we sat with Sohail Merchant, the Chief Operating Officer for Investor Partner Group. He has extensive experience in property investment and taxation, and he has helped many clients navigate complex tax laws related to property ownership. He shares his expertise and insights as we delve into the topic of main residents and capital gains tax.
They discuss the tax implications of demolishing or subdividing a property in Australia. We answer common questions about the consequences of these actions and explain the main residence exemption for capital gains tax (CGT). We cover scenarios like subdividing land, building a new property, renting out the main residence, and using the home for income-producing activities.
If you're thinking about these options for your property, tune in to learn about the tax implications and how you can navigate them. 
Don't forget to subscribe to our podcast for more insights and tips on managing your finances.
 
Episode Highlights:
<ul>
<li aria-level="1">00:00 Welcome to Helpmebuy Property Podcast</li>
<li aria-level="1">01:24 Consequences of Demolishing or Subdividing a Property</li>
<li aria-level="1">03:44 The Tax Implications of Subdividing a Larger Block of Land</li>
<li aria-level="1">06:43 Three Conditions to Get the Main Residence Exemption</li>
<li aria-level="1">12:52 Capital Gains Tax Exemption</li>
<li aria-level="1">14:19 The Six-month Rule of an Overlap</li>
<li aria-level="1">16:35 Proportion of Capital Gains Tax</li>
<li aria-level="1">21:03 Dual Income and the Six-year Rule</li>
<li aria-level="1">23:33 Jumping Houses From One Property to Another</li>
<li aria-level="1">25:41 Limitation on Tax Records for Property-related Transactions</li>
</ul>
 
Resources:
<ul>
<li aria-level="1">Visit the Investor Partner Group website: <a href="https://helpmebuy.com.au/">https://helpmebuy.com.au/</a></li>
<li aria-level="1">Join us on our FREE Facebook Group: <a href="https://www.facebook.com/groups/helpmebuyau">https://www.facebook.com/groups/helpmebuyau</a> </li>
</ul>
You can also connect with us on<a href="https://www.linkedin.com/company/77080688"> https://www.linkedin.com/company/77080688</a>. For more podcast episodes, subscribe to our Youtube Channel at<a href="https://www.youtube.com/channel/UCd-CPloeDB40wf5e65V0ubQ"> </a><a href="https://www.youtube.com/@moxinreza">https://www.youtube.com/@moxinreza</a>. 
 
Keep smiling, be kind, and continue investing. Peace out!

Helpmebuy Property Podcast is a legacy of teaching as many people as possible about contemporary ways of property investing, transitioning their life from a mediocre investor to a high net worth investor, and doing all of these without sacrificing lifestyle.

Helpmebuy Property Podcast is a legacy of teaching as many people as possible about contemporary ways of property investing, transitioning their life from a mediocre investor to a high net worth investor, and doing all of these without sacrificing lifestyle.

Helpmebuy Property Podcast

HelpMeBuy Property Podcast can guide new and experienced property buyers on what, when, hows, and different tips on buying properties. Our host, Moxin Reza, will help you buy the property you've been looking for. 

HelpMeBuy Property Podcast can guide new and experienced property buyers on what, when, hows, and different tips on buying properties. Our host, Moxin Reza, will help you buy the property you've been looking for.

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