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Old 26-11-2014, 04:44 PM
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Rslib72 Rslib72 is offline
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Yes as above if it has been rented out for more than six continuous years you will pay capital gains. I rang the ato about this as I have a property I rent out which was my main residence. I had to move back into the property for 3 months after six years renting no other way round it. And they will check that all the utilities are put back in your name to make sure you have actually moved back in and not taking a cashie if you self manage.

Mark
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