Hi
Just after some input, I am currently looking at building a studio dwelling on my PPOR with the intention of living in it and renting out the established house.
-Is this legal (Perth, City of Wanneroo) (I have been advised that it is)
-Is there any insurance issues that i should be wary of
-Is there any sort of CGT implications
I was initially going to go down the route of a granny flat I would be over capitalising.
Thanks for any input.
Live in Studio Rent out PPOR
Just after some input, I am currently looking at building a studio dwelling on my PPOR with the intention of living in it and renting out the established house.
-Is this legal (Perth, City of Wanneroo) (I have been advised that it is)
-Is there any insurance issues that i should be wary of
-Is there any sort of CGT implications
I was initially going to go down the route of a granny flat I would be over capitalising.
Thanks for any input.
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