Primer replied to the topic Moving home – Is it possible to convert the existing home to an investment in the forum Help Needed! 17 years, 4 months ago
Hi Marc, Very comphrehensive and professional oppionion, thanks heaps!Option 2 seems the only option, as for option 3, we are still puting equity in I.P, not PRoP, the intest reduced becomes taxable income, this is the last thing I want. Cheers
Primer replied to the topic Moving home – Is it possible to convert the existing home to an investment in the forum Help Needed! 17 years, 4 months ago
Got it, thanks. This means I have to sell my current home and put the proceed toward the new PPOR.