kum yin lau wrote:
Hi, 6 months pass very quickly. You might not have to give up the grant. If I were you, I'd check these issues:1) The date of ownership can backdate to the day building begins. You can consider that it's PPOR from that date esp if you can't claim tax deductions on expenses.2) 6 months pass very quickly! 3) You won't need to…[Read more]

We have it set up as P&I as we initially thought it would be our PPOR and our broker told us this was the best way to go.

If we had it straight away as an IP and moved in within the 6 year rule would we still need to pay CGT if we sold it?

Louie