Hi, what is the best way to have a PPOR, should I get it in a trust and me renting it from the trust? I will also subrent part of the house to my company as an office. I am probably also eligible for FHOG so whether I should take it or buy through the trust? Suggestions?
What are your long term plans for the property ? Do you intend to live in it long term ? Do you intend to sell it at any point ? Would you think you'd still be living in it when you sell it ?
Hi Sim, That is so hard to answer. I really don't know what I will do long term to it. I suppose if I have a good fortune in the future I may move to an even better house.
Muppie You must be very careful when making this decision. No CGT exemption if you sell In NSW - land tax will apply from the first dollar no FHOG No stamp duty exemption if property is less than $500K losses will be trapped in the trust Cheers NickM
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