Finance & Taxation

Sarah purchased an investment property for $600,000 and sold it 18 months later for $750,000. What CGT discount is she entitled to as an Australian resident?

Sarah purchased an investment property for $800,000 in 2020 and sold it for $950,000 in 2024. She has held the property for more than 12 months and has no other capital gains. What is her assessable capital gain for tax purposes?

Which scenario would likely result in capital gains tax liability when selling a property?

John purchased an investment property for $500,000 in 2020 and sells it in 2024 for $700,000. He has claimed $40,000 in depreciation over the ownership period. What is his capital gains calculation before any CGT discount?

An investor purchases a rental property for $800,000 and sells it 18 months later for $900,000. They are eligible for the CGT main residence exemption. What is their assessable capital gain?

An investment property purchased for $1.2 million is sold after 3 years for $1.5 million. The owner incurred $50,000 in capital improvements and $25,000 in selling costs. What is the assessable capital gain for a taxpayer in the highest tax bracket?

Sarah bought an investment property for $500,000 and sold it 18 months later for $600,000. What CGT discount is she eligible for?

An Australian resident inherited a property from their deceased parent in 2020 valued at $400,000 and sells it in 2024 for $520,000. The property was the parent's principal place of residence. What is the cost base for CGT purposes?

A property investor purchased an investment property for $500,000 and sold it 18 months later for $600,000. What CGT discount are they entitled to as an Australian resident?

A married couple jointly owns their principal place of residence worth $1.2 million, purchased 10 years ago for $600,000. They decide to convert it to an investment property and move to a new home. What are the CGT implications when they eventually sell?

What is the primary purpose of the Foreign Investment Review Board (FIRB) in relation to real estate?

A foreign investor wants to purchase an established residential property in Australia. What FIRB requirement must they typically meet?

What is the minimum threshold for foreign investment applications to FIRB for residential property purchases?

What is the minimum investment threshold that typically triggers FIRB approval requirements for foreign investors purchasing established residential property?

Under FIRB regulations, what is the application fee for a foreign investor purchasing an established dwelling valued at $2,500,000?

A foreign investor purchased an investment property under FIRB approval but failed to comply with the condition to rent it out within 12 months. What penalty can FIRB impose?

Which foreign investors are required to seek FIRB approval before purchasing residential property in Australia?

A foreign investor wants to purchase a new apartment off-the-plan in Melbourne for $650,000. What additional costs must they consider beyond the purchase price?

A temporary resident visa holder has been living in Australia for 18 months and wants to purchase their first property to live in. They plan to apply for permanent residency next year. What FIRB considerations apply?

What is the minimum threshold for FIRB approval when a foreign person purchases established residential property in Australia?

A foreign investor purchases a $2.5 million new development apartment in Queensland. What is the total FIRB application fee and foreign surcharge they must pay?

GST applies to which type of residential property sales in Australia?

A developer sells a new apartment for $750,000 including GST. The developer is registered for GST and the purchaser is not eligible for any GST exemptions. How much GST is included in this sale price?

A property developer sells a new residential unit for $550,000 including GST. The land cost was $200,000 and construction costs were $250,000 (both excluding GST). What GST must the developer remit to the ATO?

Which type of property transaction is typically exempt from GST?

What is the GST rate that applies to the sale of new residential property in Australia?

What is the current GST rate applied to new residential property sales in Australia?

What is the current rate of GST applied to new residential property purchases in Australia?

A property developer in Queensland sells a new townhouse for $550,000 including GST. The developer is registered for GST and the margin scheme does not apply. What amount of GST must be remitted to the ATO?

A property developer sells a new apartment for $800,000 including GST. The purchaser is claiming the First Home Owner Grant. What is the GST-exclusive price the developer receives?

What is GST charged on the purchase of a new residential property in Australia?

GST applies to which type of residential property sales in Australia?

Which type of mortgage product typically offers the lowest interest rate but carries the highest risk for borrowers?

Which mortgage product feature allows borrowers to make additional payments that can be withdrawn later?

Which mortgage product typically offers the lowest interest rate but requires borrowers to make principal and interest payments from day one?

Which mortgage product typically offers the lowest interest rate?

What is the key difference between a principal and interest loan and an interest-only loan for property investment?

What is negative gearing in property investment?

What does 'negative gearing' mean in Australian property investment?

Sarah owns an investment property that generates $25,000 annual rental income. Her annual expenses are $18,000 in interest, $3,000 in rates and maintenance, and $2,000 in management fees. What is her tax position?

What is negative gearing in property investment?

Which of the following best describes negative gearing in property investment?

A property investor owns a negatively geared property that generates $30,000 annual rental income and incurs $45,000 in deductible expenses. If their marginal tax rate is 37%, what is their annual tax saving from negative gearing?

An investor owns multiple properties and wants to maximize negative gearing benefits. Which expense is NOT deductible against rental income?

Which of the following best describes negative gearing in property investment?

What is negative gearing in property investment?

An investor owns a negatively geared property with annual rental income of $30,000 and total deductible expenses of $45,000. If their marginal tax rate is 37%, what is their annual tax saving from negative gearing?

An investor owns a negatively geared property with annual rental income of $25,000 and total deductible expenses of $35,000. If their marginal tax rate is 37%, what is their annual tax saving?

A property investor has an investment loan with principal and interest repayments of $3,200 per month, receives rental income of $2,800 per month, and has other property expenses of $200 per month. What is the monthly negative gearing loss?

In Victoria, a foreign investor purchases a $750,000 apartment. What additional surcharge stamp duty must they pay?

In NSW, what is the current stamp duty rate for a property purchased for $800,000 by an Australian resident?

A Victorian first home buyer purchases a new apartment for $650,000. What stamp duty concession are they entitled to?

In NSW, what is the current stamp duty rate for established residential properties valued between $1,000,001 and $3,000,000?

In New South Wales, what is the stamp duty rate for established residential properties valued between $1,000,000 and $3,000,000?

In NSW, what is the current stamp duty threshold below which no stamp duty is payable on residential property purchases?

In NSW, what is the current stamp duty rate for a residential property purchase of $800,000?

In NSW, what is the current stamp duty rate for properties valued over $3 million?

In Victoria, what is the additional stamp duty rate that applies to foreign purchasers of residential property?

A foreign investor purchases a new apartment off-the-plan in Melbourne for $800,000. Which taxes and charges apply to this transaction?

In Victoria, what is the current additional stamp duty rate applied to foreign purchasers of residential property?