Hi Derek
I found this article about CGT tax when renting your old PPOR residence, that I would share.

The tax rules now state that you have a period of 6 years to be away from your property, and renting it out, before you have to start paying Capital Gains Tax.  Whilst this sounds like a great idea, there are a few restrictions to that you need…[Read more]

Hi Adrian,
Thanks for that, my only concern with that is when you sell you have real estate fees plus stamp duty fees when you are buying again and a whole lot of other associated fees.
I would think maybe purchasing another property with a positive cash-flow.
Not sure if that’s the way to move forward. Just keeping my options open at the…[Read more]

Thanks Derek
I will give Claire a call. I live in Harvey about 30 minutes north of Bunbury .
Thx peter

Thanks Derek
Can u recommend a depreciation company and
Is CGT witheld if you sell before 6 yrs. Our home is about 10 yrs old.

Cheers

Hi Derek
Thanks for that.Yes we have bought again in the same town. Rental demand is very high in our area , we live 1 1/2 hrs fom Perth.
I was ble to put a deposit of 120 on our new home and paid 440 for it. I think most of the rental should cover the repayments just not sure of the tax implications s at tax time as this wll increase my annual…[Read more]

I’m in the south west of WA.