All Topics / Help Needed! / Renting out my PPOR. How long can I do this beofre I have to see to avoid paying capitallgains cost

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  • Profile photo of colmbcolmb
    Participant
    @colmb
    Join Date: 2010
    Post Count: 1
    July 5, 2010 - 6:58 am

    We moved out of our PPOR to rent a biggy place due to more kids. How long can I rent out my PPOR before i need to sell to avoid Capital Gains

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    July 5, 2010 - 9:16 am

    its possible for up to 6 years

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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