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Reply: 2.1.1 From: Sim' Hampel I am wondering if some of the rules about "Defacto relationships" come into play with the ATO at all ? If a person is living with you for a certain amount of time as is you were in a married relationship, then the relationship is considered to be equivalent to...

Reply: 1.1.2.1.2.1.1.1.2.1 From: Sim' Hampel No... let's also add: "IS EVIL AND MUST BE DESTROYED" ;-)

Reply: 1.1.2.1.1.1.1.1.1.1 From: Sim' Hampel Sorry Andrew, I think you missed my point (which I admit I didn't actually spell out). My point is that there is a third option. Forget the whole idea of renting from yourself. If you live in a place that you own you DON'T PAY RENT. You did say...

Reply: 1.1.2.1.1.1.1.1 From: Sim' Hampel But why would you want to do that ? What are you trying to achieve ? Think about it... you are paying between 5% and 10% of the rent you pay in management fees alone to the property manager... and then you pay tax on the rental income, which was yours...

Reply: 1.1.2.1.1.1 From: Sim' Hampel We need a glossary for all the newbies don't we. PPOR = Principal Place of Residence... aka the house you own with the intention of living in it as opposed to an investment property.

Reply: 1.1.2.1.1 From: Sim' Hampel If it is suffuciently "arms-length" then you should be okay. What this actually means, you will need an expert to tell you (as has already been said). There are things like using an external property manager to manage the property for you that can help keep...