Do I pay CGT on my first home if I rent it out immediately (while I love overseas for work) and then...

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Do I pay CGT on my first home if I rent it out immediately (while I love overseas for work) and then move into it 4 years later as my PPOR?

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I’m trying to find examples to find out how much CGT I need to pay in this situation.

More detail:

I plan to take out a home loan to buy a house/apartment using first home buyer grant.
I would like to rent it out immediately while I live abroad for work for the next 3-4 years.
When I return, I would like to live in this house as my PPOR

Question:

Will I pay capital gains at 50% or 100% rate if I decide to sell this PPOR property in the future based on this situation?

Edit: live not love. I’ll sadly not be doing much loving overseas

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doyouevenenglish

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Posted: 1 year ago
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