Search results

Rob - Good point. The initial loan would need to then to be split. This also seems not different to the concept of fixed + variable portions. The offset attaches to the variable only normally. Maybe even add redraw / LOC to PPOR portion etc These issues could also address Part IVA.

The "business" elements in Carberry are different from the nature of assessable rental income but the basis of notional apportioning may be available IF there is equity from a former residence. Would be a tough one to get over the line I may imagine. Terry - what about partitioned...

If its one title however there is a single CGT asset. A 50% main residence exemption would apply rather then a 100% MRE that applies to one of the assets like you normally see with an investor who owns two properties - 1 IP and 1 PPOR. So a pro-rata rule applies for CGT. 50% is exempt and 50% is...