CGT and Stamp Duty

mloc

Registered User
Messages
90
Bought house for say 100k
Stamp duty was say 15k

Subsequently moved out of house and turned it into investment property.
Subsequently sold it.

When doing the CGT calculation can I include the stamp duty as part of the cost of the house for CGT calculations?
 
No, and I would recommend getting professional advice on what expenses you can claim, in working out the calculation for the period the house was your PPR v's an investment property etc.
 
No. You cannot include the stamp duty as part of the purchase price for cgt purposes.

How many years did you own the house in total and for how many of these years was it classified as an investment property?
 
Eh? I suspect that the previous two posters are mistaken about SD not being an allowable acquisition cost. See the [broken link removed].

[broken link removed]