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  • Profile photo of marcuswmarcusw
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    @marcusw
    Join Date: 2005
    Post Count: 3
    September 22, 2005 - 12:05 am

    Thanks very much for your help.

    Profile photo of marcuswmarcusw
    Member
    @marcusw
    Join Date: 2005
    Post Count: 3
    September 21, 2005 - 5:08 am

    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.

    Profile photo of marcuswmarcusw
    Member
    @marcusw
    Join Date: 2005
    Post Count: 3
    September 21, 2005 - 4:08 am
    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 implications if I live there for 6 months?

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