The gains in value from which of the following are LEAST likely to be assessable income in Australia based on the lectur

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

The gains in value from which of the following are LEAST likely to be assessable income in Australia based on the lectur

Post by answerhappygod »

The gains in value from which of the following are LEAST likely
to be assessable income in Australia based on the lecture
material:
Zihan bought a one bedroom apartment for $500,000 and sold it 5
years later for $600,000. She rented it out as an investment
property for the entire period.
John bought a one bedroom apartment for $500,000 and sold it 5
years later for $600,000. He lived in it for the entire period as
his main residence.
Sarah bought Bitcoin for $10,000 and sold it later for
$15,000.
Haoyu bought some stocks for $10,000 and sold them later for
$15,000.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply