Understanding CGT when you inherit

Understanding CGT when you inherit

Receiving an inheritance is always welcome, but people often forget the tax man will take a keen interest in their good fortune.  When ownership of an asset is transferred, it triggers a capital gain or loss with potential tax implications. So what are the tax rules...
Positives and Negatives of Gearing

Positives and Negatives of Gearing

Negatively gearing an investment property is viewed by many Australians as a tax effective way to get ahead.  According to Treasury, more than 1.9 million people earned rental income in 2012-13 and of those about 1.3 million reported a net rental loss.  So it was no...