All Topics / General Property / What determines PPOR?
Hi, just bought my first IP and got the FHOG. I know you have to make it your PPOR for six months, but I’m curious to know what satisfies this. I’m going away for an extended period and was wondering if I changed all my mail to get forwarded to that address and for all intensive purposes was living there- except I wouldn’t be because I would be away- would this still satisfy the PPOR requirements.
Thanks in advance.
No!
Derek
[email protected]Property Investment Support Available. Ongoing and never stopping. PM welcome.
There is a tax determination on what constitutes a main residence. If you email next week i can send you a copy (it is on my work computer).
Some of the things that determine whether or not a place is your main residence include:
– intention
– mail
– phone, electricity, gas connections etc
– electoral roll address
– family
etcTerryw
Discover Home Loans
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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