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I would classify myself as an investor. I'm pretty sure the ATO...

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Mozzy

380 Posts.

73

28/06/18

20:58

Post #: 34022430
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Originally posted by Frank79 ↑

You can not have both. You are either Trader or Invester, you can not be both unless you have two seperate accounts for each.

Investors get 50% discounts on CGT if held over 12 months but traders won’t get any discount and taxed as normal income.

See this ATO site for your classification as a Trader or Investor.

https://www.ato.gov.au/General/Capi...ng-as-investor-or-share-trading-as-business-/

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I would classify myself as an investor. I'm pretty sure the ATO would too.

What am I doing that im trying to "have both"?

Is my calculation above wrong?
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0 Great analysis

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