I've been asked a number of FHOG questions from friends etc but cant seem to find an answer. Here goes:
1. If someone in NSW, purchases an investment for their first property, are they able to apply for FHOG + stamp duty exemption when they purchase their PPOR at a later date?
2. If they've purchase an investment, and 1-2 months into ownership they arent able to rent out the property, are they then able to claim back the stamp duty exemption if they decide to move in (as though they purchased as PPOR intiially)?
3. If someone was a guarantor (and still is) for a relative's mortgage, but not on the title, are they entitled to FHOG + SD exemption?
Thanks in advance!
1. If someone in NSW, purchases an investment for their first property, are they able to apply for FHOG + stamp duty exemption when they purchase their PPOR at a later date?
2. If they've purchase an investment, and 1-2 months into ownership they arent able to rent out the property, are they then able to claim back the stamp duty exemption if they decide to move in (as though they purchased as PPOR intiially)?
3. If someone was a guarantor (and still is) for a relative's mortgage, but not on the title, are they entitled to FHOG + SD exemption?
Thanks in advance!