is air bnb treated the same as traditional rental in 6 year rule

Question

BlakeATO · Accepted Answer

Yes, the six-year rule (https://www.ato.gov.au/Individuals/Capital-gains-tax/Property-and-capital-gains-tax/Your-main-residence-(home)/Treating-former-home-as-main-residence/#Howitworks) still applies if you use the property for Airbnb/short-term holiday rental as if you more traditionally rented the property out. This is because it's about when the home is used to produce income. There are no specific details on how it is used to produce income to meet that, just that it does.

Bruce4Tax · Answer

Yes, because it is still just residential rent.

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