Owning Property · Koste Knowledge Base
What Are the Tax Implications of Selling an Investment Property?
Quick Answer
When selling an investment property in Australia, Capital Gains Tax (CGT) usually applies. The gain is added to your income and taxed at your marginal rate. Holding the property for over 12 months may qualify you for a 50% CGT discount. Specific rules apply to properties held in super funds or by companies.
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