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Hi John, That's a formidable brain trust to hold an opposing view with. Nevertheless after reviewing the relevant legislation I can't find any reason to alter the interpretation set out in my earlier post. However, that's not say that I couldn't be persuaded by an alternative view given the...

John, The anomoly between what is being said in the book your reading and the example provided can probably be put down to the fact that the mkt value rules apply only when the property was your PPOR from the date you purchased it and only subsequently becomes a rental property. The market...