That is just wrong. The family home attracts CGT if you are renting it and or you dont live their. If you dont live there its still the family home but not the Principle place of residence. Ive been through this personally when I moved back to my own home after being away for several years so I have personal experience with the whole system. I moved back to my home and had to live their for a number of years before I could sell it and avoid CGT.
"No agenda - only a tad bias away from the "entitled ones" whom think they can pay no tax on profits."
You state the above and then say you will vote for Palmer. Well if that isn't a 180 degree turn around huh!
You think Palmer is not one of the entitled?? Anyway this conversation has lost its usefulness and I wont engage in a ridiculous political argument with you.
