Maybe wrong place to post this, but I own (well bank owns about half) a unit in Melbourne.
I have purchased a house in regional Victoria where we are going to move next year. I am planning to rent out the unit - not great time to sell when the market is flat/dropping and gives some flexibility to move back if the move regionally goes belly up.
The unit could do ideally do with painting inside. When does the property turn from PPOR to an investment? I presume when you move into the next home, but not sure if it needs to be actually technically available for tenants at the time. I believe painting is maintenance and therefore can be tax deductible for investments.
If you want to do it by the book, you need to be not living there when you paint it.



