Talking Tax | Rental property sales and CGT discount

August 18 2019 - 12:00pm
Tax benefits: From May 9, 2012 the 50 per cent Capital Gains Tax (CGT) discount was removed from rental property sales for non-residents.
Tax benefits: From May 9, 2012 the 50 per cent Capital Gains Tax (CGT) discount was removed from rental property sales for non-residents.

I'm thinking about selling a rental property I've owned since 2008. I was living in the United States between 2011 and 2015 before moving back to Australia. I heard the CGT discount was removed for non-residents. How will this affect my capital gain?

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