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ah some great tips there guys. Greatly appreciate it. Why I am asking is because my next purchase IP I make, I have the intention of selling within 1 year to make a profit (buy below median and conduct renovations) to help pay off in lump sums the debts in IP 1 2 3. That I don't want to...

A thought came to mind but require some clarification. Situation: - 24 yrs old - Living at home with parents (Melbourne) - 3 IP (all in Melbourne) Thought: - I know that if I was to sell 1 of these investments I would incur CGT, but what if I was to change one of the places I was...