Thanks Scremin – you are right regarding FHOG as my involvement will void my siblings application. My understanding of the FHOG rules is that the property can be rent for no more than six years, then either I move back in or sell it, to escape maximum CGT. (correct me if I’m chasing my own tail). My first step now is to arrange for a valuer and see how much (deposit) equity I can redraw or opt for a refinance. Am I on the right track so far? ..[upsidedown].. overload and confused!
Can someone else care to comment about the rest of my last posting or am I in the wrong room OR am I not ready to take that first step until I sort out my personal debt? Come on – hit me guys![whistle]