New ATO guide on property transactions

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Running Time: 9:45

Date: 01/10/2018

Property investments almost always mean large amounts of money; when sold, it means large amounts of tax. And that's why the ATO has provided a handy guide to investors on property transactions.

Tax expert Michael Jones says every transaction is different, so it's worth understanding some of the rules to ensure you don't get caught out. Michael gives an example of a large property bought in the outer fringes of a capital city, and the complicated rules in developing that land for sale.

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Michael Jones, Cummings Flavel McCormack