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Hi Julie, Your scenario that you described is sound. The only point where the ATO might quibble is the duration of your residence in your PPOR. 6 months sounds a bit short to me. Geoff indicated a duration of 12 months and I think this is more likely to be acceptable to the ATO. Also, be aware...

Hi Lisa, Are you aware that if you sell your ex-PPOR less than six years after you first rented it out that you do not have to pay CGT on it? Do a search in the Accounting section for more details. Apart from the emotional side of having a patch that is YOURS, it seems to me that the main...