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kathryn_d, whether something is a capital improvement or a repair can be a matter of interpretation. Whether you were PPOR then IP, or IP then PPOR, isn't, and the methods for apportioning capital growth in these situations are prescribed and not subjective. I know from asking the ATO that it's...

The rules have already been interpreted, and the ATO calculates your capital gain for an IP turned PPOR via apportioning by time. When it's the other way around, they do it via valuation at the changeover point, under the 'home first used to produce income' rule. Unless you fall within the...

This is exactly my understanding, too.