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My understanding is that it's still ok for normal IPs. It's just a different story for the "rent out my PPOR for one year when it settles" and claim it as an IP. Apparently the SD will now be apportioned according to the time it was an IP. An ACT accountant will be able to confirm...

Hi Damian I think it's changed. I had a quick chat to my accountant the other day and she mentioned that this little loop hole had been closed or was in the process of being closed. Speak with a decent accountant about it before proceeding. Cheers Jamie