Hi All,
I have just purchased a property in Perth. It is going to be our ppor. However we are only going to move into it in june as there are tennants there and we are renting ourselves. My question is can the property be considered an IP up until June even though we want to eventually make it our PPOR? I intend to ask an accountant but I usually come here first so I dont get swindled.
Would appreciate your comments.
I have just purchased a property in Perth. It is going to be our ppor. However we are only going to move into it in june as there are tennants there and we are renting ourselves. My question is can the property be considered an IP up until June even though we want to eventually make it our PPOR? I intend to ask an accountant but I usually come here first so I dont get swindled.
Would appreciate your comments.