Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of Marty_boyoMarty_boyo
    Participant
    @marty_boyo
    Join Date: 2002
    Post Count: 43

    Ok guys, here we go. Can anybody who has obtained the $7,000 FHOG since Jan 1 2004 (this is when the rules changed), advise on what PROOF the OSR wants from you to prove that you have occupied the property for a period of 6 months.

    Will 1 electricty bill do, or do they want an electricty bill for the whole 6 months plus a telephone and gas bill etc.

    I have asked alot of people including calling the OSR but cannot get a definitive answer.

    The reason Im asking is that I just purchased an investment propert using the FHOG (its my first property in OZ) and I want to rent it out but don’t want to lose the FHOG,so I thought if I had one electricity bill in my name that that would suffice.

    If you have a similar experience, then please reply.

    Marty

    Profile photo of AUSPROPAUSPROP
    Participant
    @ausprop
    Join Date: 2003
    Post Count: 953

    Marty – I think you need to do a bit more than one electric bill. If they audit you they will want to see a full intention… which could be supported if you had: a phone connection, power, gas, all your mail directed there. Then you could support your reasons why you decided to leave your home e.g. a new relationship, job transfer, didnt like the neighbourhood.

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    Be aware that you may be considering committing fraud against the commonwealth.

    You may need to get legal advice here.

    Cheers,

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of WallFlowerWallFlower
    Member
    @wallflower
    Join Date: 2004
    Post Count: 205

    Someone i know who did something similar, lived in it for six months, touched it up then flogged it off. It’s better than getting done for fraud…

Viewing 4 posts - 1 through 4 (of 4 total)

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