All Topics / General Property / PPOR
Hi All,
can anyone give me a good description of requirements that are necessary for a PPOR. I have just bought a PPOR and plan on living in it for the required 6 months but I was wondering what is deemed to be 'living in'? Is it mail sent there?? Do i need to stay a certain number of nights each week. My girlfriend owns a property much closer to my work where i stay a few nights a week, so i just wanted to make sure I am doing things by the book with my PPOR.
Thanks
Glynn
check the ATO website but it would include having the services connected in your name, being registered to vote at that address etc
See Tax Determination TD51 which covers this
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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