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Am I on "Candid Camera" or something? :confused: Please tell me people like this don't really exist (at least not in any significant numbers).

Um, it is, and they do... they tell you what the laws are, and impose huge penalties if you're found to have lied. You sign your tax return stating that all the information is correct. Surely everybody knows that fraud is a crime, don't they? :confused: I can also drive my car 120 km/h down...

Yes, defrauding the ATO and your fellow taxpayer is certainly the "best option". :rolleyes:

Just be wary that claiming the costs doesn't trigger a CGT liability. I have a feeling if you're still living there that it doesn't - sharing your PPOR seems to be one of the few ways to achieve negative gearing without incurring CGT - but make sure! I own a student accommodation and it's...