Disaster can strike without warning—but what comes next can sting even more if you’re not across the tax rules. If your property was impacted by fire, flood or other natural disasters, this guide unpacks the lesser-known traps around insurance payouts, rebuilds, repairs and CGT consequences.
Julia Hartman explains what the ATO is watching for (hint: it’s more than you think), what to do if you’ve received a payout, and how to avoid losing your main residence exemption or being hit with unexpected tax bills. This is especially important if your property was rented out, you’ve moved overseas, or you’re deciding whether to rebuild or walk away.
Don’t get caught out after you’ve already taken a hit—read this first and get ahead of the game.
p.s. This free download is part of Episode 386 | BEWARE Tax Traps! How to rebuild or repair after a natural disaster of The Property Couch podcast. Tune in to the episode here >