All Topics / General Property / Land Tax PPOR

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  • Profile photo of mcollinsmcollins
    Participant
    @mcollins
    Join Date: 2003
    Post Count: 58
    December 3, 2003 - 2:59 pm

    Can I claim a house I rent out for $400/week my PPOR if its the only property I own and I rent a 1 bedroom unit to live. I assume I am not liable for land tax ?

    Profile photo of melbearmelbear
    Member
    @melbear
    Join Date: 2003
    Post Count: 2,429
    December 4, 2003 - 1:42 am

    mcollins, I think that depends on whether or not you ever did live in the house. I would check it out with either an accountant, or the ATO.

    Cheers
    Mel

    Profile photo of high flyerhigh flyer
    Member
    @high-flyer
    Join Date: 2003
    Post Count: 48
    December 4, 2003 - 4:52 am

    mconllins,
    Did you ever live in the property before you rented it out? If you did, and you do not claim any other property as your Primary Residence at the momoent then you might be able to claim your house as your PR up to 6 years.

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