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Alot of change over costs as well.

Pom - how does the ATO view the cashflow side? Do you apportion a part of the purchase price to your "PPOR" section and the balance of the interest payments are deductible?

Blackberry. Not trendy enough to have an iphone! All depends how long you will be gone for and whether you will resell sometime after. Prices could double but it all becomes a bit irrelevant if you don't sell.

Argh handheld that I am using to post is playing up. In the post I deleted above I basically said I thought it was a good idea. With regards to CGT yes that's how I understand it works. I'm sure someone else can confirm. I take it you do not have the option of moving in first for 12...