I bought a house earlier in the year, with the intention that it would be an ip. I renovated it and now my intentions have changed and it will be my ppor. It has never been rented out. I'm looking to potentially sell my current ppor shortly. I'm just wondering about the status of my new ppor - as you can only nominate one as your ppor. Would the period that I've owned the new one be liable for cgt down the track if I eventually sell? I imagine this would happen a lot where people buy a new house before they sell the old one. Sorry if this is a stupid question and im just over complicating it.