If you go ahead with a structure with only yourself say as director of a company and purchase an investment property in Australia using the Company, could you afterwards purchase a property in your own individual name for your own home and claim the Grant. Would the fact that you owned investment property through the company first, prevent this.
JULES1
Email MeYou are allowed to purchase investment property after Jul 2000 and, provided you never occupy it as your home, still buy a home and claim the FHOG.
See my website for FHOG info and click the link to your state.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
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