Pritty sure it aint EXACTLY legal, but nothing really stopping you from doing it. Wanted to move out, got a house with FHBG. After a few months realised that you bit off a bit more than you could chew so you moved back and rented it out.

ATO would prob screw you if they find out… but then again why would they have any reason to scope you out?

Wow so much great feedback. Thanks everybody.

Yea a few days after I posted I was talking to a friend and they also suggested that I could live in the property for 6months to take advantage of the FHBG, or I could even just change my address to there but remain at home with my folks and use those 6months to do any outstanding repairs and minor…[Read more]