geoffw said:I's suspect that a property investor, who has IPs but no PPoR, should investigate having a PPoR at some stage- especially if it's a property which may be sold at a good profit.
The CGT exemption on the sale of the property would make it well worth while the higher payments for 12 months while living in that property.
I can say that- in Canberra, rental yields are better, so renting is not completely attractive.
Hi Geoff
I totally agree, in terms of property trading, it is a waste not to take advantage of the CGT exemption on PPOR.
Whether someone 'actually' lives there is another story. Best of both worlds really and if you're buying and selling a PPOR a year.
Brendon
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