Brisbane has become one of Australia’s most dynamic housing markets in 2024, with dwelling values hitting impressive record highs. As of September 30, 2024, the median home value is $881,000 (source: CoreLogic), making it the second-highest capital city median after Sydney and surpassing Melbourne's median earlier this year in January. This is a promising opportunity for property investors, but it is essential to remain aware of significant capital gains tax (CGT) liabilities

As a rental property owner, understanding Capital Gains Tax (CGT) events is crucial for accurate tax reporting and minimising potential penalties. A CGT event occurs when a significant change happens to your rental property, affecting its value.   Why Timely Property Valuations Matter - Ensures accurate tax reporting - Reduces risk of disputes or audits - Saves costs by avoiding complex and costly retrospective valuations (see our previous blog on Retrospective Market Valuati

Navigating the labyrinth of taxes is always challenging, especially when it comes to the elusive realm of capital gains tax (CGT) valuations. As property values fluctuate and financial landscapes shift, understanding the intricacies of CGT valuations becomes paramount for investors. In this blog, we will demystify the complex world of CGT valuations, providing you with the insights and knowledge needed to make informed decisions and maximise your financial outcomes. Why Capit

When managing a Self-Managed Super Fund (SMSF), ensuring accurate property valuations is crucial for compliance and informed...