Yes that it is clear (i) would apply. The part that is not clear to me is how that rules out any future deductions, as I read "Reduce your...
Thanks for the reply. Not a builder, and no short term plans to sell, and would rent elsewhere after living there.
From above. The wording in the act is with [my interpretation] (5) However, disregard paragraph (4)(d) for an earlier time if:...
If someone lived in a new build for say 4 months and then rented it out, would the 6 month exemption rule kick in then, as well as the main...
I have always thought the 6 year absence rule made a nice way to have your cake and eat it too. You get to claim deductions each year, and then...
The link in the first post doesn't work. Here is the new link: RBA Content
Thanks for clearing that up and for the links. I expect stamp duty to be around $30K, so I could save $15K ish. Paying CGT would eat into that...
Sorry for not being clear. Here is what I should have quoted. Yes stamp duty. I read that costs over $100 have to be spread over 5 years, and I...
Great tips as always Terry! My partner and I are considering upsizing our PPOR and I'm considering the best strategy to use to purchase a future...
Tax is a big reason to PPOR vs just investing + renting once you have enough capital because you don't pay tax on interest you avoid paying. Say...
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