marcusw replied to the topic First Home Buyers Grant in the forum No Subject 19 years, 2 months ago
Thanks very much for your help.
marcusw replied to the topic First Home Buyers Grant in the forum General Property 19 years, 2 months ago
So is simply living in the home for 6 months sufficient to establish it as a home?
Do you have a link or any reference to the actual legal provisions for this?
Thanks for your quick response.
marcusw replied to the topic First Home Buyers Grant in the forum General Property 19 years, 2 months ago
Originally posted by Mortgage Hunter:
There are CGT exemption benefits from establishing a property as a home before renting it out.
Can you elaborate on this please Simon. I am trying to weigh up if it is worth it to move into a place for 6 months to get the grant, stamp duty exemption (NSW) etc before renting out. What are the CGT…[Read more]