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Thanks guys, you've all been extremely helpful. I'm very grateful for your speedy replies. Woohoo! My property qualifies for PPR - I also did some digging, and found this ATO site - may be helpful to others here...

Hi all. I read a few threads here that talk about the 6 year rule - I actually never heard about it until today! I'm wondering whether if my IP qualifies as a PPR: 2006 - Bought the property as first home buyer. Immediately lived in it for 1 year continuously. 2007 - Rented it out (I...