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No it does not, it just makes me "dodgy", otherwise everyone would be criminals.

But how are they going to find out? I mean on the road it's quite easy with under cover police cars, speed cameras and the occasional chance of causing traffic chaos. But in a house? The only way the ATO can find out is if they follow you home which I doubt they'll do. Actually penalties...

@Propertunity: Rent can be tax deductible, for example if a tenant moves in and it's his/hers company that pays the rent, if using example 2, that would get me into trouble so I would decline any tenants who wants to use the rent paid for tax purposes. @Vbplease: No I don't have a link, I...

No, #2 is legal but conditional i.e. you make your tenants agree beforehand that rent is non-tax deductible (kind of like a gift). My accountant recommended this approach.

If it's really illegal then they should put some controls around it, though I can't really think of any way they could prove where your PPOR is. On the other hand, if it's open to scrutiny then anyone who wants to save a bit of money would do it.

An extension to what Pablo has said, there are ways you can save money without having to move out, there are tricks also to maximise that. The thing is that a lot of people don't know is if you are leasing 3/4 of your property and claiming 3/4 on costs and depreciation, is that it will not stand...