Can you reduce the amount of cgt payable on a development site by offsetting value of the property by accepting thae site's value in units + cash?
Example: paid $500k 15 yrs ago. mkt value $2m
Can you take $500k + 2 units @ $750k without incurring / minimising cgt?
Minimizing cgt
Example: paid $500k 15 yrs ago. mkt value $2m
Can you take $500k + 2 units @ $750k without incurring / minimising cgt?
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