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PPOR to IP - valuation required yet?
So I move out of my PPOR "A" and this becomes my rental. I buy another house "B" to live in. Sell my first PPOR "A" in 5years time which has increased in value $300,000. and pay no CG tax. House "B" increased in value $200,000 then turn this into a rental. I still tell the Tax...- 7DD4
- Post #15
- Forum: Accounting and Tax
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PPOR to IP - valuation required yet?
What is meant by : 6 year rule - so long as you don't claim another property as your PPOR during those 6 years that you have rented the first PPOR Claim another PPOR property ?? when and why would you do this :confused:- 7DD4
- Post #12
- Forum: Accounting and Tax