All Topics / Help Needed! / To move in or not to move in – that is the question.

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  • Profile photo of tylon020tylon020
    Participant
    @tylon020
    Join Date: 2003
    Post Count: 23
    September 15, 2010 - 2:55 pm

    I am planning on purchasing a unit to renovate – idealy I would like to move in it and renovate over time. I'm wondering what the pros and cons are to renovate as owner occupied and as an investor that is not at my PPOR.
    Some giudance would be appreciated. Thanks

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    September 16, 2010 - 1:30 am

    tax. main residences are generally CGT exempt.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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