How do I get around capital gains tax?
Hold the property for at least 12 months Any properties bought and sold within 12 months will be taxed at the full CGT rate. But if you hold onto a property for longer than 12 months, you can reduce your capital gain using either the CGT discount method or the indexation method.
How do I avoid capital gains tax when selling a house Australia?
Short-term capital gains: Gains realized on assets that you've sold after holding them for one year or less. Long-term capital gains: Gains realized on assets that you've sold after holding them for more than one year.
What are the 2 types of gains subject to capital gains tax?
The last 12 months of ownership of a PPR is considered to be included in your period of occupation.