Maximize Your CGT Exemption Main Residence

Selling your home doesn’t always mean facing a hefty tax bill. In Australia, the main residence exemption is one of the most powerful tools for reducing—or even eliminating—Capital Gains Tax (CGT).

✅ Did you know you can pay zero CGT when you sell your home if you meet certain ATO conditions?
✅ There’s even a special 6-year rule that lets you rent your home out and still keep the exemption.
✅ And yes—foreign residents may lose the exemption entirely unless they meet strict life event tests.

In our latest expert guide, we break down:

• What counts as a “main residence” in the eyes of the ATO

• The 6-year absence rule and how to reset it

• What happens if you rent out part of your home

• CGT impacts for Australian expats

• How to calculate partial exemptions

• What records to keep to support your claim

• Reporting the sale correctly on your tax return

✅ Read the full article on CGT Exemption for Main Residence

✅ Explore more tax resources at Baron Accounting