first home to rent out and move into later?

Discussion in 'Property Experts' started by Mat87, 31st May, 2016.

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  1. Mat87

    Mat87 New Member

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    31st May, 2016
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    Qld
    Hi, i am currently living with my mother with very minimal expence and was just wondering is it possible to buy a house in qld to rent out for a 12month or more period and then move into the property myself when i am ready? And are there any penalties ect involved?

    Thanks mat
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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