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  • Profile photo of KyleePKyleeP
    Member
    @kyleep
    Join Date: 2010
    Post Count: 7

    will do.  Not sure what that is but will think of you when I am at my next stage.

    cheers k

    Profile photo of KyleePKyleeP
    Member
    @kyleep
    Join Date: 2010
    Post Count: 7

    Thats good news, my property is in the Sutherland Shire, South of Sydney so I think its an area that will keep progressing at a good rate in the property market growth. Fingers crossed.  thanks for your info, I will get it valued and get back to the forum with my next challenge.

    cheers for now Kylee

    Profile photo of KyleePKyleeP
    Member
    @kyleep
    Join Date: 2010
    Post Count: 7

    Thanks to everyone this is great information.  And Number8 from Birchcorp thank you for clarifying the PPOR rule for my main residence.  I would like to hold on to our property and buy another, its a scary step and I dont understand exactly how to do it.  I will now go and find the right people to talk to.  Can I just ask is it a Broker that I need to contact now to point me in the right direction with regards to managing our money and a 2nd property?
    thanks again this forum is awesom

    Profile photo of KyleePKyleeP
    Member
    @kyleep
    Join Date: 2010
    Post Count: 7

    Wow this is great information thanks.  Because this is my main residence at present and not an investment property. I thought if I moved back into it for 3 months before I buy a new main residence and then turn this into an investment property I didnt think I would pay CGT.  Is sort of a loop hole.  But only while I have the one property.  i thought you could do this for up to 6 yrs?

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