I was given a house for $1 and am now selling it. How do I save on tax?
When selling the property, you can declare a cost base of $1 if you wish (and the ATO would love you), but you should instead determine the real value.
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When selling the property, you can declare a cost base of $1 if you wish (and the ATO would love you), but you should instead determine the real value.
When selling the property, you can declare a cost base of $1 if you wish (and the ATO would love you), but you should instead determine the real value.
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