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I think this is why the speaker said that 3 months was the minimum you would want to stay in it.

The four year rule example was talking about buying a ppor that wasn't ready to move into. So if you buy a place and then had to do a lot of renovations before you are ready to move in then I was told they would need be completed and you would need to move in within 4 years. I was told this at a...

I was told that 3 months is the minimum time although it may not be in the legislation you have to have actually lived there. By the time you connect utilities and use them it's going to be 3 months at least. The ato told me that 3 months would be the minimum that you would want to stay there...

I'm confused. It was an investment from the start so how can you have lived in it? My understanding is it needs to be your ppr first. You need to have lived in it for at least 3 months within the first 4 years before it is rented out.

My understanding of the rule is that the property wouldn't be capital gains tax free because it was an investment before. You would need to proportion the amount of time it was your ppor vs an investment to calculate how much capital gains tax you would pay. The longer it remains your PPOR the...

After buying a $300,000 and although I believe I got a good price for it and interest rates are currently really low it would be cheaper to rent. If I need a bigger unit I will choose to rent in the future and just turn my current property into an investment. So I'd recommend to buy and...