By: ecchi.gaijin
28/03/2008
5:32 pm Yahoo! Profile:
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| You should be fine to rent it out for up to 6 years without CGT consequences, so long as you do not establish a replacement principle residence. ie you can only get the exemption on one house at one time (exect for limited circumstances) |
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By: d_a_c_k_y
28/03/2008
4:59 pm Yahoo! Profile:
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| I have been renting a house with two other people down the road for the last 2 years, and yes, it is my only property. |
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By: ecchi.gaijin
26/03/2008
2:08 am Yahoo! Profile:
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| Is the house in question your only property? Where have you been living the past 2 years? (ie renting, bought new house or moved overseas?) |
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By: d_a_c_k_y
19/03/2008
9:34 pm Yahoo! Profile:
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| I bought a house in 2004 and lived in it alone for 2 years. I then moved out and have been renting it out for the last 2 years. If I were to sell it now, would I escape CGT??? |
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