MasterNuggets with Meng: Home Sweet Home

In this MasterNugget with Meng, we go over tax issues associated with the primary/main residence with a case study.

In this session, we cover:

• Case Study: Pedro’s Place

• Discussion points:

  • CGT on consolidation and subdivision

  • CGT on transfer of property to children (gifting)

  • Main Residence Exemption (MRE)

  • Mixed use of property

  • CGT and Small Business CGT Concessions

  • Stamp Duty

  • Land Tax and Principal Place of Residence Exemption

Date recorded: 20 January 2025