States I can claim a vacant block of land as PPOR for up to 4 years prior to the dwelling being built so long as I move in and stay for at least 3 months after. What I cant find is the ramifications of living in another dwelling that I also own during the construction time. Is this building considered an IP and as such can be depreciated etc even though there was no "rental income" (obviously loan repayments were met)?.
