Hi
I'm just trying to clarify how the PPR Exemption works where not all of the owners lived at the property.
4 people own a property as tenants in common, and 2 dwellings are on the property. 2 of the 4 owners have used one of the dwellings as a PPR at various times in the past 20 years.
Is there any problem with them claiming it as their PPR even though not all 4 owners have lived there?
Thanks
Stuart
Each person on the property title would need to determine if the property is their main residence. If the property is sold then each person would determine their own CGT (capital gains tax) liability or exemption.
This is the ATO definition of what someone's main residence is.
Is there any problem with them claiming it as their PPR even though not all 4 owners have lived there?
Not enough details to provide an answer.
Here is a link with information on the 6 year rule. The owners may be able to use the main residence exemption (from CGT) utilising this rule.
Hi Taxduck
Thanks for your response. I'm not looking into the 6 year rule at the moment. I'm trying to clarify if there are people on the Deeds other than the people who are claiming it as their PPR is there an issue. If there were only 2 people on the Deed and they were claiming the PPR there is no issue. If there are other owners as well does this cause an issue with the PPR rule? I'm assuming not but just wanted to confirm.
Thanks
Stuart
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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