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  • Profile photo of Fed23Fed23
    Member
    @fed23
    Join Date: 2008
    Post Count: 5

    Hi,

    The wall is 2.8×1.5x.14, so 1.5m is the length.

    Profile photo of Fed23Fed23
    Member
    @fed23
    Join Date: 2008
    Post Count: 5

    Hey Richard,

    The property I am buying is $285K so from my understanding as it is under $320K I don't pay any stamp duty as it is.

    So after I have lived in it for a 6month duration, and within the first yr( I plan to move in after the settlement day) I am effectively able to turn it into an IP just after my 6months of living in it? Thou not being able to claim 100% the renos I do to the property ? Did I summaries this correctly?

    Also am I able to negative gear?

    Thanks for your replys so far

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