tax on renting out your home

[gmcg]

i am looking for the latest information on renting out your home. i understood that you must reside in your home for 5 years before you can rent out your home as you are liable for stamp duty on the purchase price if caught. is the 5 year duration still the same or was it reduced in the budget?

 

[ClubMan]

The SD clawback period on renting out a former PPR is now 2 years instead of 5. See the Property Investment forum and FAQ for more on the general taxation and other issues applicable to investment properties.