Andrews VIC debt levy, page-293

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    The flip side is what it would cost to cash in the asset now, as capital gains tax takes a big portion of profits.

    Yep, some tenants are needy, and can be pains, but that isn't a recent development.

    We sold a unit in recent years and were hit with capital gains, a friend who owns 2 of the other units in the block of 4, would like to sell, but the big hit of capital gains tax is causing him to hold out for a time when he becomes retired / semi retired and is earning less income.


 
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