Hi SS'ers,
Tried searching but couldn't really find anything (most of the threads were talking about the opposite scenario) so hoping someone can give me any info...
We've got a rental property (has been a rental since it was built in 2007) but will be moving into that property in about 6 weeks time and thus it will be our PPOR. We expect to live here for possibly 2-3yrs at most.
Do we need to get a Valuation done before we move in for CGT purposes or any other reason? Accountant is telling us no but i remember reading on SS over the years that this is a good idea.....
Anyone know about this sorta thing??
Many thanks in advance!!!
Cheers,
Kim
Tried searching but couldn't really find anything (most of the threads were talking about the opposite scenario) so hoping someone can give me any info...
We've got a rental property (has been a rental since it was built in 2007) but will be moving into that property in about 6 weeks time and thus it will be our PPOR. We expect to live here for possibly 2-3yrs at most.
Do we need to get a Valuation done before we move in for CGT purposes or any other reason? Accountant is telling us no but i remember reading on SS over the years that this is a good idea.....
Anyone know about this sorta thing??
Many thanks in advance!!!
Cheers,
Kim