Hey if I purchase a first property, can I rent it out right after settlement or do I have to live in the property for a X amount of time first before I can do this?
Is the property vacant? Are you a first home buyer claiming the grant?
Kinnon Bell | Kinetic Funding
http://www.kineticfunding.com.au
Email Me | Phone MeMortgage & Personal Loan Broker based in Cairns and Melbourne but servicing clients Australia wide.
You can rent it out – but take into account CGT implications as well as any concessions that may have been granted if you’re a FHB.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
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