u/hugharse

Selling an investment property

Hi,

I am currently rentvesting. Living in Sydney and investment in Perth. We bought in January 2024. Our current landlords have given us a notice of intent to sell in November this year. We are looking at all options including selling the investment property to help us purchase a PPOR in Sydney would be an option. We were not looking to sell this early, but thinking it may be a sign to sell to buy a PPOR. The timing had been horrible as our tenants have signed a new lease until September next year soon before we received notice.

My question is with the house being tenanted until next September, will this impact our ability to sell given the new tax changes?

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u/hugharse — 7 hours ago