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Ask Property: We are looking to downsize, but what are the tax implications?
['Nina Hendy']
The Canberra Times - Local News
Question: My wife and I are retired and looking at our next move.
Our kids have all grown up and left home.
I'm also tired of mowing lawns and dealing with maintenance on a house that's far too big for us.
I have seen a few nice new apartment developments advertised for sale nearby which would suit us.
However we are concerned about the tax implications.