Originally Posted by
elZorro
I guess we thought that the capital gain alone would cover interest and costs, and that didn't happen with this bach to date. Average of about 2.5% gain p.a. over 13 years but the interest rate was a lot higher. Any CGT regime should try to be fair in all the diverse situations, if that is possible. We were of course lucky to have the bach at all, it wasn't too much of a drain ultimately on our finances, but there is no true leftover capital gain, it is a loss so far, but how would the IRD see it?