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  1. westminster

    First post: new to IP and buying in Perth

    Congrats Apex!! To the best of my knowledge there are 2 ways with share house income: 1. you don't have to declare it, 100% PPOR and 100% CGT free when you sell 2. you declare it 50% IP, declare income from sharemate, claim 50% depreciation, 50% all other IP deducatables (interest, rates...
  2. westminster

    First post: new to IP and buying in Perth

    The reason I suggested the FHOG is the savings the govt is willing to give you - it's a one off opportunity though. Done smartly you can quickly turn it into an IP. I believe the rules are that you can rent it out at the beginning as long as you move in before 12mths is up. Then you need to...
  3. westminster

    First post: new to IP and buying in Perth

    Hi Apex, Welcome to the forum - I guess you must have been reading my drama filled threads :) Rixter has outlined a great strategy which has worked well for him. I don't have a name for my strategy as I'm still learning my way and haven't been doing it as long. I love building and I feel...
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