Property profit into super

Posted by property | Posted in Real Estate | Posted on 19-05-2010-05-2008

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Property profit into super
Q. I am a 60 year old self-funded retiree. I have an investment property. Can I sell this property and put the proceeds into a super fund and thus avoid the capital gains tax?
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Buying a property
Q. I am in the process of buying a property, which will be my place of residence. It is a renovation job and I’m doing the work to sell it and hopefully make money. How long must I keep the property to avoid capital gains tax? I was told 12 months, but I’ve also heard six months. Which is correct?
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Drive-Thru Won’t Go On Historic Property
More than 50 residents showed up to a Jamestown city council meeting to protest a drive-thru restaurant going on a historic property.  
Read more on WFMY News 2 Greensboro

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