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Investment property

Feb 25 2009 5:16pm#1 (permalink)

Clarey

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Avatar for Clarey		If I buy a home and rent it out can I still claim the first home owner grant?
Feb 25 2009 6:16pm#2 (permalink)

AgentOne

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Avatar for AgentOne		 if you buy a house but you do not live it in for at least 6 months during the immediate 12 months after purchase then you cannot claim the grant anyway.

you can buy a home and get the grant if you have owned a house before as long as you didn’t live in it (for investment ) so you can buy this house as an investment but you cannot claim the grant unless you live in it for 6 months. you could buy a second property for yourself to live in and then claim the grant

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