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Yes, that's right Terry. I was thinking of a tax effective ownership structure for option 2 a couple of posts above: If deepindebt took that option, I was wondering if it could be more tax effective to buy the property in a trust? I see two different scenarios emerging. 1. the property...

Something to consider is the way you structure the purchase and the loans to be the most tax effective. For example, it may be more tax effective to buy the house in a trust? Just pointing out something else to consider. I can't advise you which way to go. Terry might be able to advise further...

It might not be that simple. I was just pointing out that there is no '12 month rule' as is commonly cited, not the same as saying the sale will be CGT exempt. I can't say if it will or will not be. For example, if they are planning to renovate, there are some specific rules that apply...

12 months is pretty common misconception. ATO is very clear that is not the case: https://www.ato.gov.au/General/Capital-gains-tax/In-detail/Real-estate/Is-the-dwelling-your-main-residence-/