Transfer main residence to investment property and 6-year rule for CGT exemption question

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Q1. Yes. Eligibility for 6 year rule is simply the property was your main residence and you moved out (stopped living in it). You can own as many other properties as you like. See link Treating former home as main residence | Australian Taxation Office (ato.gov.au) (https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/property-and-capital-gains-tax/your-main-residence---home/treating-former-home-as-main-residence) Q2. To use 6 year rule property needs to be your main residence first. So you will need to move into C as soon as you have purchased it. A will then have a period where CGT applies. So, depending on what you do, C can be fully exempt and A will have a partial exemption to CGT. Or both A and C will have partial exemptions to CGT.

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