I understood now. Thanks a lot~~, Terry!

But remember you cannot claim capital works upfront, only depreciate it.

Sorry, could you explain a bit more? I'm not good at this.what's the "capital works upfront" for example? what's the "depreciate it"my main focusing of the claims are- interest of the PPOR loan- PPOR renovation fee- depreciations of PPOR buildingAre they "capital works" or…[Read more]

Ah, then you meant that I can claim the renovation fee and interest even PPOR if I'm renting out?So is it possible to get whole exception of CGT in the following case?1. year 1: living – no claim2. year 2- 6: renting out – for this period I'm doing renovation, and claim the renovation fees and interest of the loan (with income reporting to AT…[Read more]

 it is reportable income.  On the flip side, you can also claim expenses

then is it possible to claim the interest of PPOR as the expenses in the renting period?Thanks.

OK, I got it.Thank you all.

Thanks.I have 3 properties "A", "B" and "C" and I'm renting at "D".You meant that I have to report the rental income for all 3 even I want to treat "B" as my PPOR. Righit?Then can I claim the rental fee of "D" as my expenses?And can I know the meaning of "reasonalbe person would…[Read more]