Retire Right

← Retire Right23 sept · 1 h 06 min

439 Property Q&A: how CGT will work, investment property after age 50, best time to sell + more

439 Property Q&A: how CGT will work, investment property after age 50, best time to sell + more23 sept1 h 06 min

Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/

Buy Glen and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE

In today's episode Glen is joined by John Pidgeon, buyer's advocate, host of This Is Property and author of Sort Your Property Out and Build Your Future for a property deep dive and Q&A. They touch on:

👉 how capital gains tax will be calculated under the new changes pre and post July 2027

👉🏼 negative gearing isn't gone - this is how it will work moving forward!

👉🏽 turning a PPOR that was bought before the May budget into an investment property

👉🏾 holding an investment property after 50 - what to consider

👉🏿 when's the best time to sell a property?

👉🏻 should I move into my investment property or sell it?

👉 should I help my kids by purchasing and renting an investment property to them?

👉🏼 can you avoid CGT by turning an investment property into your PPOR for 1-2 years?

👉🏾 sell IP now in mid 50s and pay off the home or wait until no longer working for tax efficiency?