Property Purchase and Main Residence

Joshua Easton Tax

Hello. I refer to October 2014, Tax Smart magazine, issue number 0071, example 1, on page 29. This is where Susan purchased a property in Melbourne for $300,000 and occupied it as her main residence for 5 years. She moved to Sydney for work in 2000 and rented out her Melbourne house. A qualified valuer valued the MV of her ...

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