Hi, I have recently purchased a house as a PPOR which has tenants on a long term lease. Despite offering them a cash incentive to move they look set to stay the course of their lease which is some 9 months after settlement. I'm hoping that I can negative gear the property during this time but I am unsure of the consequences of this in regards to capital gains etc. What are the rules around capital gains on PPOR's that are rented for a period of time? I have heard that you need to live in it for 1 in 7 years but am unsure if this is true. The last thing I want is to claim deductions now and end up having to pay capital gains once I sell. If I can get around this I am hoping to claim interest, rates, water, management fees, insurance and maintenance as deductions but not sure about stamp duty, MI etc. Are these claimable upfront? Its quite possible that I need to see a decent accountant/tax agent, can anyone recommend one in Brisbane (south or city)?