VIC Investment property or not?

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BlackxxAssassin

Well-Known Member
13 May 2019
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If person A bought a house a number of years ago with person B (the mother of person A) 50/50 split. At that time both person A and B lived there with others, then person A moved out into rented accommodation and was no longer paying the mortgage.

The money was coming from either person B’s account or someone else’s who lived in the house. Is this still considered an investment property for the 3 years person A wasn’t living there? Person B remained there throughout this time.
 

Rod

Lawyer
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27 May 2014
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www.rvlawyers.com.au
Looks like a tax question.

Not sure if you are wanting to know if state land tax is payable, whether capital gains tax is accruing, wanting to claim tax deductions for interest payments or something else.

A tax accountant is your best bet for an answer.