Search results

  1. lizzie

    Why live in a PPOR?

    This is what the OP said ... he lived in it for a few months. The 6 year rule depends on whether he left a paper trail of him "living" there, ie, utilities connected in his name etc.
  2. lizzie

    Why live in a PPOR?

    that's why I said this in post #31 ... but perhaps I wasn't clear enough when saying "lived in as your home".
  3. lizzie

    Why live in a PPOR?

    That's right ... which is why I said you'd have to prove you lived in it. This is done by utility connection bills, electoral roll etc. There is no rule as to how long it was your "main residence".
  4. lizzie

    Why live in a PPOR?

    Nope - if you can prove you lived in the house at the start, before it became a ppor, as long as you have no other ppor in the following 6 years you can claim the property as your ppor (even if it was rented out for 5yrs 11mths) so no capital gains. When the 6 years is nearly up you can move...
  5. lizzie

    Why live in a PPOR?

    How long ago was that? Would it still qualify for the 6 year PPOR rule? That rule is that if you lived in a property as your home - then moved out and owned NO other "home" - you can claim the property as your residence for up to 6 years afterwards and hence pay no Capital Gains tax for that...
  6. lizzie

    Why live in a PPOR?

    Oh Dazz - you're a tough nut :D (p.s. I moved out at 19 - mortgage at 21) As for your plan ... work out where you want to be in the future financially/investmently and then plot back how you will get there. There is no set receipe ... what works for you, works for you. We personally...
Back
Top