PropertyInvesting.com | nurse1 | Activity https://www.propertyinvesting.com/members/nurse1/activity/ Activity feed for nurse1. Wed, 15 Apr 2026 06:13:04 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c0aaee7dc98ca257090e909b603a4de5 nurse1 replied to the topic Capital Gains Tax in the forum General Property https://www.propertyinvesting.com/topic/5071338-capital-gains-tax-59/#post-5071350 Mon, 22 Mar 2021 01:18:58 +0000 So choose 1 before selling? Don’t intend to sell for at least 5 yrs Reservoir would be the one to choose as it has gone up in price by 400-500% and anticipate more in  5 yrs unless some economic down turn Our new PPOR is possibly similar price to when we bought it 1 yr ago

As we didn’t get a market appraisal when we started renting out our prev…[Read more]

]]> 437159de267fb54cf8f1dafb329ab126 nurse1 replied to the topic Capital gains tax??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391818-capital-gains-tax-35/page/2/#post-5071346 Sun, 21 Mar 2021 22:22:41 +0000 Hi just wondering about the scenario in the finance2011 post So the 1st PPOR is rented out for 6 yrs while living in the 2nd PPOR Can you move out of the 2nd PPOR and restablish the 1st one as PPOR prior to selling? Can the 2nd one be rented out?

]]> 8ac9f51e0f29a11f38777894e946edb8 nurse1 replied to the topic Capital Gains Tax in the forum General Property https://www.propertyinvesting.com/topic/5071338-capital-gains-tax-59/#post-5071345 Sun, 21 Mar 2021 21:55:12 +0000 Thank you, Terry. I will get tax advice as it is confusing Below is what I viewed on the ATO site:

 

To be eligible for the main residence exemption, the following conditions must be satisfied:

the taxpayer is an individual
the taxpayer is an Australian tax resident
the dwelling was the taxpayer’s main residence throughout the ‘ownership…[Read more]

]]> e2d272a906b226cc92bcf0c65d5591ba nurse1 started the topic Capital Gains Tax in the forum General Property https://www.propertyinvesting.com/topic/5071338-capital-gains-tax-59/ Sat, 20 Mar 2021 23:05:41 +0000 We paid off our PPOR in Reservoir in 2019 (bought in 2000) and moved out in Feb last year with a mortgage on our current PPOR in Seaford

We have a tenant in our Reservoir property and so it is now an IP. We plan to eventually sell it and if the market is good, we can pay off the current loan for PPOR in Seaford with some money left over.

Any…[Read more]

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