Description

This highly practical webinar considers income tax issues relevant to property investors. Key issues addressed include the application of the 10-year bright-line test (including what constitutes a “new build”, when rollover relief may apply, and how the new main home exclusion applies), the new interest limitation rules (including the phase-out rules and when rollover relief may be available), the residential rental property loss ring-fencing rules, tainting by association and tainted capital gains.

ORIGINAL BROADCAST DATE

28 July 2022

LEARNING OUTCOMES

You will:

• Understand how the 10-year bright-line test applies, including what constitutes a “new build” and when rollover relief may apply
• Learn about the new interest limitation rules, including how the phase-out rules will apply and when rollover relief may be available
• Know how to minimise the impact of the residential rental property loss ring-fencing rules
• Understand when property will be “tainted by association” and how to structure the ownership of property to minimise the effects of these rules
• Learn to identify “tainted capital gains” and what steps need to be taken so such gains can be distributed tax-free

SUITED TO

Accountants, tax lawyers, property lawyers and others who advise clients on land transactions.

PRESENTER

Stephen Tomlinson, Principal, Tomlinson Law.