You may have lived in Australia, bought a house and lived in it over a period of time. You have since moved overseas for work or to be with family and are no longer a tax resident of Australia, but you still own your Australian property. If this sounds like your situation, then you need … Continue reading Are you a non-resident (for tax purposes) that owns residential property in Australia? If YES, then you need to understand the changes to the main residence exemption.
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