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Which ATO rulings is he concerned about? Ask him, read them yourself, and make up your own mind. The PPOR v investing thing is not a tax issue, and accountants aren't financial advisors, so you have to make up your own mind about that. Alex

From what I've read on the ato site, it would seem that apportionment based on floor area is acceptable. Apportionment based on 'which rooms are more valuable' seems very subjective. When you specify ownership ratios, it's based on percentage, not 'you own this room and this room, and I own...