scott is an accountant who purchased a vacant block of land in brisbane on 1st oct 1980. on 1 sept 1986, scott built a house on the land. at the time the land was valued at $90,000 and the cost of construction was $60,000. the property has been rented out since construction was completed. on march 1 of the current tax yr, scott sold the property at auction for 800,000

questions

a.based on tht info above, determine scott's net capital gain or net capitall loss of the yr ended 30 june of the current yr

b. how would ur answer to (a) differ if scott sold the property to his daughter for 200,000

c. how would ur answer to (a) differi f the owner of property was company instead of an individual?