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  • Profile photo of hong_unghong_ung
    Member
    @hong_ung
    Join Date: 2006
    Post Count: 5
    July 11, 2007 - 1:37 am

    Thanks for the replies guys

    I do prefer the PPOR option as a first property aswell – Firstly I could live in it – and get the exemptions (stamp + FHOG)
    In terms of CGT If say I live in it for 12 months, then rent it out, and sell it within 6 years – I would be exempt from paying CGT  correct?

    What would happen to all the repayments – would I be able to treat it as a negatively geared property? Or would it still fall under PPOR and therefore I can't claim enything back on tax

    Hong

    Profile photo of hong_unghong_ung
    Member
    @hong_ung
    Join Date: 2006
    Post Count: 5
    July 18, 2006 - 4:04 am

    Hey guys
    Im 22 and have been very interested in IP for a while now. I have a few friends who have invested in Queensland, Perth and Sydney. Would love to join a young investors club.

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