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  1. westminster

    does this sound like a plan ?

    I understand the need to roam - we are looking for acreage too. The issue at hand in turning your PPOR (principle residence) into a IP is that it will lose it's CGT free status. If you sell it to move to then there is no Capital Gains Tax. If you turn it into an IP then there will be CGT...
  2. westminster

    does this sound like a plan ?

    There are a number of different things going on and I think you need to do some steps at a time then work out the future. Trying to solve everything may get you into knots. Firstly. Fantastic news about the block BUT be careful! If your MIL is on a pension (or soon to be) then gifting large...
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