Heaps of great information i can get in here!
If I treat my old house as investment property which is CGT free for 6 years, and the new one as main dwelling.
Say then sell the old house within 6 years, will there be any CGT?
Or any CGT if I sell the new one (which has been my main dwelling) and moved into the old house?
Thanks Again. One more question, if I do lease the old house it will be CGT free for 6 years as it has been my main res for past years? also if I decide to keep selling it till sold, it is again CGT free as it has been my main res? Thanks all, I will follow the law Cheers
Thanks for the information.
So if I do rent out the old one through the normal way, I can claim the deduction for the interest of 230k and the stampty I paid about 6 years ago?
It may not be as much as the doge way but it is legal.
Also if I rent out my main residence which I have been lived in for the past years, how does the 6 years CGT…[Read more]