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.