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Main Discussion

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dudeman
Posted - 20 March 2017 10:02
Where is this flat exactly?
Wangpain for real ale
Posted - 20 March 2017 10:02
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Don't you need to live in it/?
Coracle Lolling
Posted - 20 March 2017 10:04
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Will you tell the mortgagee?
Coracle Lolling
Posted - 20 March 2017 10:22
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Are you thinking AST (or your Scotch equivalent) or AirBnB?
Merkz
Posted - 20 March 2017 10:26
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is this your way of telling us that you have moved in with spunky dave?
Coracle Lolling
Posted - 20 March 2017 10:28
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Oh.

Have you moved into a hotel instead?
Coracle Lolling
Posted - 20 March 2017 10:32
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So why wouldn't you rent out your old flat?

Is this a tax question?
Coracle Lolling
Posted - 20 March 2017 10:54
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Are you waiting for Swing's advice?

As someone who's been predicting the housing market collapse but didn't sell when he moved abroad, I think his input will be critical.
chimp_
Posted - 20 March 2017 10:55
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Seems silly not to use the asset you have
chimp_
Posted - 20 March 2017 10:59
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My friend is moving to Melbourne and rather than renting out his perfectly nice house located in a popular student area is just going to continue to pay the mortgage on it while also paying Melbourne rent. Baffling to me. But then I'm an unfortunate member of the renter class so what do I know about property ownership
Robert Lucas
Posted - 20 March 2017 13:27
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You are the tax expert but consider whether you are likely to sell the old flat in the next few years. If so will renting it out mean, after x period of time, it is no longer your principal private residence, for tax treatment of any capital gains?