LANDLORD GUIDE
This APOA guide is general community education for landlords. It is not legal, financial, or tax advice. Please check current state rules and seek qualified advice for your own situation.
Capital gains tax may apply when an investment property is sold for a gain.
The gain is generally calculated from the sale price minus the purchase cost and eligible costs such as stamp duty and selling expenses.
If the asset has been held for more than 12 months, individuals may be eligible for the 50 percent CGT discount, subject to tax rules.