Ok thanks that answers my question.

No haven't lived in the property at all. Say I purchase a property and it's the only property I own. I rent elsewhere while I renovate my property. Do I need to actually move into the property for a period of time to claim it as PPR and pay no CGT? And if so how long do I need to actually live in it or own it before selling it again to not attract…

Hi to everyone interested in the 'Renovating for Profit' Workshop,To answer some of your question:Yes, the workshop is relevant no matter where you are from. Sure most of the examples from Sherie and Steve are focussed in Sydney, particularly Balmain but the principles they teach will work anywhere. They do spend a bit of time talking about…[Read more]

I have actually done the 'Renovating for Profit' 2 day workshop in December 2009. I am from Perth but flew to Sydney with a friend because I couldn't wait for the Perth one which was going to be mid 2010. Was it worth it?? If you are serious about getting into renovating then defintely yes. For all you people out there who have said you already…[Read more]