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Tax talk: living in your investment proprerty

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Your Investment Property | 19 Apr 2012, 12:00 AM Agree 0
My wife and I own an investment property in Sydney. We’re renters ourselves, but want to move into the investment property to save more. What would happen if we lived there 3-5 years? Under current tax law, could we turn it back into an investment property after we move out and buy a PPOR?
  • harry | 01 May 2012, 01:00 PM Agree 0
    We planning to buy a display homes is worth $595k will ask offer for 560 or 550k.and i have a house rented since last year september and also still in contract till dec. we rent a granny flat for 180 a week is included the bills.we planning to go back to my house so cut off the expenses.we already save a money to offset account that we owe 140k into my investment.Now we planning to buy a display homes turn to investment and 7 percent return.when we ready to sell my house with in 3 years to stay do you think i pay a tax.
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