This presentation covers:
- The importance of understanding residency and the impacts whilst away
- Selling the home whilst a foreign resident
- The exceptions available if a foreign resident satisfies certain 'life events'
- Interaction with the "absence rule", the 6-year limit
- The choice between more than one main residence
- Renting out a portion of property (eg consulting/hairdresser)
- Interaction and application of the CGT discount rules, including the different methods available
- When valuations are required and what records should be kept
- Missing out on the main residence exemption, what are the considerations?