Capital Gains and Turning Your Home Into an Investment Property
When you move out of your Sydney or Melbourne home and start renting it, you trigger a Capital Gains Tax event. A CGT valuation at the "first rented" date establishes your property's market value and becomes the cost base for future tax calculations. This article explains when you need a change-of-use valuation, how the process works, why certified valuers are essential for ATO compliance, and practical steps to protect your investment.
ATO CGT Valuation Requirements Explained
To stay compliant with Capital Gains Tax (CGT), your property valuation must meet strict ATO standards. This guide explains the official requirements, including who is authorised to prepare a CGT valuation and what must be included in the report. Learn why a real estate appraisal won’t suffice and how a certified, evidence-based valuation from an API-accredited valuer protects you from audits and penalties.