Hi All
Quick one
If you move into a house as PPOR, so dont pay Investment stamp duty, then circumstances change & you move into one of your IP's shortly after, say 3 months, & start renting the house out, would you need to declare to the ATO that you have moved? This is in relation to the extra investment property stamp duty of $7175.00.
Asking this because you need to reside in a house for 12 months usually to be eligible for PPOR stamp duty. However thats a foresite thing, circumstances can change. What would you do?
Cheers, Brett
Quick one
If you move into a house as PPOR, so dont pay Investment stamp duty, then circumstances change & you move into one of your IP's shortly after, say 3 months, & start renting the house out, would you need to declare to the ATO that you have moved? This is in relation to the extra investment property stamp duty of $7175.00.
Asking this because you need to reside in a house for 12 months usually to be eligible for PPOR stamp duty. However thats a foresite thing, circumstances can change. What would you do?
Cheers, Brett