Bob and Mary missed a $40,000 Tax Saving—Here’s the tax tip everyone needs to know before selling an investment property.

Bob and Mary are a high-income couple who’d just sold an investment property. Their goal? Reduce tax and reinvest the proceeds smartly.

But by the time they came to me—in August 2024—it was too late.

They’d exchanged contracts in June 2024 but didn’t receive the funds until August 2024, the following financial year. They assumed they had time to plan. But when it comes to capital gains tax, the critical date is the contract exchange — not the settlement.

Had they reached out earlier, we could have made a tax-deductible super contribution before 30 June 2024. That one move could’ve saved them $40,000 in tax—money they could have added to their retirement savings or used to support their kids financially.

Instead, they paid more tax than necessary. And that reduced what they had to invest in their new portfolio.

I’ve recorded a quick 2-minute video explaining this common CGT trap and how you can avoid it.

If you’re planning to sell an investment property soon, don’t wait until after the sale. Let’s talk before the contract is exchanged—it could save you thousands.