All Topics / Legal & Accounting / tax/grant question

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  • Profile photo of picklesampicklesam
    Join Date: 2004
    Post Count: 55

    hi guys, buying my first property, settlement soon, if i applied for the 1st home buyer’s grant, how long do i have to live in the house before renting it out as an investment property?

    am i better off not getting the grant since i won’t get a large tax deduction?

    Profile photo of tigercjntigercjn
    Join Date: 2004
    Post Count: 7

    as far as I know Just 6 months and the grant is worth more than the rent you would have received during that time

    Profile photo of Mortgage HunterMortgage Hunter
    Join Date: 2003
    Post Count: 3,781

    All the details of the FHOG are outlined here:

    Please email or post any specific questions.


    Simon Macks
    Mortgage Broker
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Viewing 3 posts - 1 through 3 (of 3 total)

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