Hi everyone, Great forum and hope I can learn a lot from the many well informed here on accounting/tax and other issues. I need some advice here apart from the obvious in terms of capital gains tax please. My history is that about 10 years ago, I purchased (along with a good friend) a run-down rural home on several acres for a modest sum, as an investment property. It was not purchased as a trust (under joint names). We did it tough paying it off as it never gave us much of a return till now and never thought in our wildest dreams that it would turn out to be such a dividend. The property has recently been re-zoned and we have sold it for a large seven figure sum. Yes, we do realize we are very fortunate and now we want to determine how we can minimize our capital gains tax. There are no major ongoing maintenance/holding costs we can use to offset our tax bill. Is there any way we can creatively further minimise our capital gains tax bill on 50% of the gain. Currently have an acountant who is not offering any further suggestions, other than commenting on our good fortune. Surely there is other ways to go about it to further reduce the amount. Really would appreciate any advice. Thanks in advance.