Begin with the ownership timeline
The Budget announcement distinguishes properties held before Budget night from later acquisitions and treats qualifying new builds differently. Before discussing the impact, assemble the purchase contract and confirm the acquisition timing with your tax adviser.
Questions for your accountant
Which entity owns the property? Is the property residential, commercial or mixed use? How is it used? Does a proposed transaction change ownership? Which transitional provisions and exceptions are relevant? These questions cannot be resolved by the address or an estimated property value alone.
Check implementation before changing your plans
This guide concerns the 2026–27 Budget announcement. It does not confirm that implementing legislation has passed in its final form. Ask your adviser to check the law and current ATO guidance that apply when the decision is made.
Update your records and cash-flow assumptions
Keep current rent, vacancy, interest and expenditure records. Have your accountant distinguish eligible deductions from the way losses may be treated. Avoid forecasting cash flow on the assumption that every expense immediately reduces tax on salary.
Order only the evidence you need
Your adviser may need cost records, an existing depreciation schedule or market value evidence for a separate tax event. Ask them to describe the missing information before commissioning a new report. A valuation does not classify a property for every tax purpose.
Frequently asked questions
Do all investment properties have the same treatment?
No. Ownership, acquisition timing, use and applicable provisions can matter.
Should a Budget announcement alone trigger a new valuation?
No. Identify the specific tax question and evidence required first.
Sources and further reading
- Australian Government: 2026–27 Budget tax reform explainer — The announced policy and transition examples; not confirmation of enacted legislation.
- ATO: Market valuation for tax purposes — Tax valuation evidence, purpose and documentation.
Arrange the right report
Explore cgt valuations with Propti. Send the property address, purpose, required date and recipient’s instructions when you request a property report quote.