" At least one applicant will
occupy the home as their
principal place of residence
for a continuous period of 6
months, commencing within
12 months of settlement or
construction of the home. "
My interpretation is: commencing 'within 12 months of settlement' OR upon completion of...
To get fhbg you must move in at the firdt opportunity & within first 12 months. So by leasing the house before you move in is a breach of the grant conditions.
ATO & Office of Fair Trading might actually share information (funny that).
If you rent it prior to moving in then cgt will apply.
