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If you've got your owner builder's permit, you can apply for an 'owner builder card' at bunnings…
This card gives you trade discount (up to 10%) on most items, but you still pay 'up front' for the items as per normal purchases.Dan42 wrote:Firstly, there is no issue renting a property to your spouse. Malcolm Turnbull rents his wife's appartment in Canberra.The problem I see is that you will be living in the property that you are saying is being rented to your spouse. You can't rent to yourself, and as this will be your home as well, this may cause an issue.
Is the move to NSW a temporary move? I'm guessing from your post that it is. If it is, what would you do with the NSW property after you move back to SA? And how long do you expect to be away from home. Also, do you own your PPOR, or are you still paying a mortgage?
What I'm getting at is that it may be simpler to rent a property in NSW, covered by the LAFHA, and buy an IP closer to home.
Thanks Dan42,
Well, I guess it will depend on one's interpretation of which property I am 'living' in.
I would hope to try and argue that I am 'living' in my PPoR, since all my mail will still go there, and there will certainly be no other people (tenants) living there. Where I 'sleep at night' might be a different story…
I'm still paying the mortgage on the PPoR.
The interstate move is for about 18 months. After this period, I would return home to my PPoR, and rent out the property in NSW.
