M
marve
Guest
My wife and I spent a significant amount of savings refurbishing a house in a tax incentive area with a view to moving and claiming owner occupier relief. Completing tax return for 2008 - 2008 is first year to claim relief, all relevant paper work has been done . We did not claim TRS on our current home last year. However due to changed work circumstances we did not move and won't in the foreseeable future. We do not want to let the property. Can we nominate the second home as our PPR and claim relief, and sort out property tax etc on current home. Very difficult to get a clear definition of a PPR. Any comments?