Early this year I purchased my first property in Victoria and obtained the 50% stamp duty discount. Now circumstances may force me to relocate interstate for work and if I do I may purchase another property to live in. My first home would then become an IP.
Now since this would happen before I have resided in my home for 12 months, does this mean I would have to repay my 50% stamp duty discount back to the SRO?
What I'm getting at is Can I keep my Victorian property as a PPOR and rent it out while living somewhere in another property that I would purchase?
Now since this would happen before I have resided in my home for 12 months, does this mean I would have to repay my 50% stamp duty discount back to the SRO?
What I'm getting at is Can I keep my Victorian property as a PPOR and rent it out while living somewhere in another property that I would purchase?