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bright line rule and new house build

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  • bright line rule and new house build

    I purchased a section 2 years ago. I have built a rental which is still to get code of compliance. When the section was purchased 2 years ago my thinking was I could sell this after the bright line test expired, at that stage in 5 years time. However, after just reading about the new regulations on new builds for rental purposes does my 5 years start from when I have code of compliance or when I purchased the section. Any help for clarification would be appreciated.

  • #2
    My understanding is the Bright Line starts from when you settled the section

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