
Canna Campbell discusses the complexities of selling an inherited investment property to alleviate financial stress while considering long-term wealth and emotional factors.
With the rising cost of living placing pressure on households, many families are being forced to make incredibly difficult financial decisions. In this episode of Start Here , Canna responds to a listener who is considering selling an inherited investment property to relieve financial stress and stay afloat. This is a complex situation involving cashflow pressure, tax implications, lending structures, long-term wealth, and emotional considerations — particularly when the asset belongs to one partner. This episode unpacks the key things to understand before making a decision, and the conversations that need to happen to protect both short-term stability and long-term financial security. 🔑 KEY TOPICS COVERED The reality of cost of living pressure on Australian households When selling an asset can provide short-term financial relief Understanding cashflow vs wealth building The importance of seeking professional advice before selling Capital gains tax implications on inherited property How ownership history impacts tax obligations Why your lending structure and bank approval matters The risks of cross-collateralisation Protecting a partner’s financial independence and…
Host: Canna Campbell
Places: Australia
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