Thank you for the advice, this is really useful.
Might be worth renting it out and just paying a portion of the transfer duty back as the rental income would be larger.
Not a risk I'd want to take, but wow would the OSR find out about me renting the place out before the 12 months is up?
Hi all,
I bought my first place in November last year in QLD and claimed the transfer duty exemption.
In September this year I'll be going overseas for a few months and would like to rent out the place.
Cognisant of the requirement to live in the place for 12 months after claiming the...