Retrospective Valuation Reports
Central Coast Property Advisory Service specialises in conducting retrospective valuations (backdated valuations). Our comprehensive database of analysed sales and valuation reports enables us to provide our client with the most accurate snapshot of the value of a property at any particular point in time.
Retrospective valuations can be most helpful when a client is required to obtain a valuation as at a specific date to calculate Capital Gains Tax or to assist in a property settlement or litigation matter.
Valuation Report for Capital Gains Tax Purposes
When renting a property which has previously been your principle place of residence, a Current Market Valuation may be required to assist in the calculation of Capital Gains Tax.
In this scenario, Capital Gains Tax may be payable on any capital growth in the value of the asset which occurred during the period it was income producing.