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  1. BayView

    Buying "expensive" PPOR as IP

    The 6 year rule applies to when you move out of your PPoR and rent it out. You can do this for up to 6 years, and then have to move back in to avoid being liable for CGT when and if you sell it in the future.
  2. BayView

    Buying "expensive" PPOR as IP

    This is a good financial strategy generally. However, the downsides are: a) most people can't bring themselves to let grubby tenants live in their dream home and wreck it. This is unlikely to happen with higher-end properties, but there is an emotion factor to overcome. b) the combined cost...
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