life estate

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25/08/2018

You get 2-year period to sell a dead person’s home tax free – self assess for a further 12-months

ATO’s discretion to extend the 2-year period to sell a dead person’s home – Draft Practical Compliance Guideline PCG 2018/D6 When your parent’s die you have two years to sell their home. If you sell it within two years of death then you don’t pay any Capital Gains Tax. For example, […]